Drilling Report
Brancote Holdings PLC
11 May 2000
Contacts: Richard Prickett, Chairman
Bill Humphries, Manager Director
Brancote Holdings PLC 0171 493 1002
David Bick
Holborn Public Relations 0171 929 5599
david_bick@holbornpr.co.uk
BRANCOTE HOLDINGS PLC
Argentine 60% Joint venture
Progress Report on Exploration programme
Outstanding drilling results from Galadriel Sur
Drill Hole From Width Grade/Gold
GR97 59.0 metres 50.0 metres 19.0g/t
At 951 grams/metre this hole is the largest intersection to date on Galadriel
Sur
GR96 79.0 metres 23.0 metres 13.0 g/t
GR98 84.0 metres 33.0 metres 10.4 g/t
GR99 84.0 metres 30.0 metres 10.1 g/t
GD108 84.8 metres 60.3 metres 10.4 g/t
GD109 83.8 metres 45.1 metres 11.5 g/t
GD111 91.3 metres 21.8 metres 20.2 g/t
GD114 134.5 metres 20.6 metres 13.1 g/t
The results above continue to confirm that this major epithermal high grade vein
system is increasing in width with depth.
The Phase II drilling programme of 11000 metres was completed ahead of schedule
on April 26th.
Encouraged by the outstanding results, the J.V. partners have allocated funds
for an additional 3000 metres of drilling, to further test the depth potential
of Galadriel, for completion by the end of May.
MINERA EL DESQUITE GALADRIEL VEIN
AU GR 97
Sample No From To Interval CODE Grade Au Wt Ave Au
26595 59.00 60.00 1.00 Vn qzch 1.14 1.14
26596 60.00 61.00 1.00 Vn qzch 0.61 0.61
26597 61.00 62.00 1.00 Vn qzch 1.13 1.13
26598 62.00 63.00 1.00 As qzch sw 4.00 4.00
26599 63.00 64.00 1.00 Asa qzch vi 3.21 3.21
26601 64.00 65.00 1.00 Asa qzch vi 3.61 3.61
26602 65.00 66.00 1.00 Asa qzchvt 3.64 3.64
26603 66.00 67.00 1.00 Vn qzch 22.70 22.70
26604 67.00 68.00 1.00 Asa qzch vi 4.97 4.97
26605 68.00 69.00 1.00 Asa qzch vi 1.68 1.68
28606 69.00 70.00 1.00 Asa qzchvt 6.83 6.83
26607 70.00 71.00 1.00 Vn qzch 29.30 29.30
26608 71.00 72.00 1.00 Asa qzchvt 11.70 11.70
26609 72.00 73.00 1.00 As qzchvt 0.62 0.62
26610 73.00 74.00 1.00 Asa qzchvt 2.06 2.06
26611 74.00 75.00 1.00 Asa qzchvt 6.58 6.58
26612 75.00 76.00 1.00 As qzchvt 27.50 27.50
26613 76.00 77.00 1.00 As qzch sw 30.50 30.50
26614 77.00 78.00 1.00 As qzch sw 40.60 40.60
26615 78.00 79.00 1.00 As qzchvt 4.69 4.69
26616 79.00 80.00 1.00 As qzch vi 3.68 3.68
26617 80.00 81.00 1.00 As qzch vi 4.24 4.24
26618 81.00 82.00 1.00 As qzch vi 9.41 9.41
26619 82.00 83.00 1.00 Vn qzch 35.50 35.50
26621 83.00 84.00 1.00 Vn qzch 61.00 61.00
26622 84.00 85.00 1.00 Vn qzch 26.30 26.30
26623 85.00 86.00 1.00 Vn qzch 19.10 19.10
26624 86.00 87.00 1.00 Vn qzch 11.80 11.80
26625 87.00 88.00 1.00 Vn qzch 28.50 28.50
26626 88.00 89.00 1.00 Vn qzch 32.20 32.20
26627 89.00 90.00 1.00 Vn qzch 31.00 31.00
26628 90.00 91.00 1.00 Vn qzch 18.50 18.50
26629 91.00 92.00 1.00 Vn qzch 18.80 18.80
26630 92.00 93.00 1.00 Vn qzch 26.10 26.10
26631 93.00 94.00 1.00 Vn qzch 17.50 17.50
26632 94.00 95.00 1.00 Vn qzch 21.40 21.40
26633 95.00 96.00 1.00 As qzchvt 13.70 13.70
26634 96.00 97.00 1.00 As qzchvt 18.50 18.50
26635 97.00 98.00 1.00 Vn qzch 25.10 25.10
26636 98.00 99.00 1.00 Vn qzch 15.80 15.80
26637 99.00 100.00 1.00 Vn qzch 27.30 27.30
26638 100.00 101.00 1.00 Vn qzch 26.40 26.40
26639 101.00 102.00 1.00 Vn qzch 5.49 5.49
26641 102.00 103.00 1.00 Vn qzch 11.70 11.70
26642 103.00 104.00 1.00 Vn qzch 31.90 31.90
26643 104.00 105.00 1.00 Vn qzch 34.10 34.10
26644 105.00 106.00 1.00 Vn qzch 33.20 33.20
26645 106.00 107.00 1.00 Vn qzch 23.20 23.20
26648 107.00 108.00 1.00 Vn qzch 9.31 9.31
26647 108.00 109.00 1.00 Vn qzch 22.60 22.60
26648 109.00 110.00 1.00 Vn qzch 36.40 36.40
26649 110.00 111.00 1.00 Vn qzch 28.70 28.70
26650 111.00 112.00 1.00 Vn qzch 18.60 18.60
26651 112.00 113.00 1.00 As qzchvt 1.28 1.28
26652 113.00 114.00 1.00 As qzchvt 1.21 1.21
26653 114.00 115.00 1.00 Dap calvt 1.01 1.01
Totals 50.00 951.24 951.24
Au INTERSECTION 50.0m @ 19.0 g/t Au
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