Full Metal Minerals July 16 said assay results show indium among the metals present in the LWM deposit at its Fortymile property in East-Interior Alaska. The company also released results from nine additional holes drilled at the high-grade zinc-silver-lead-copper deposit.
Two subparallel zones of massive carbonate-replacement mineralization have been traced over 550 meters of strike length and over 300 meters below surface. The assay results included infill hole 32, which intersected 19.9 meters true width averaging 12.5 percent zinc, 8.1 percent lead, 0.2 percent copper and 158.7 grams per metric ton silver.
LWM is open for expansion in all directions. Drill hole LWM08-41 is the furthest southwestern step-out hole completed to date on the property, and encountered multiple high-grade zones of both zinc-dominant, and lead-dominant mineralization, including a 3.6 meter true width intercept averaging 4.7 percent zinc, 33.5 percent lead, 0.35 percent copper and 459.4 g/t gold.
Nine individual samples collected from three holes also were analyzed for indium, averaging 16.1 g/t. Indium currently trades at about $745 per kilogram and is generally a by-product of zinc mining that is used in many high-technology applications including LCD screens and solar panels. Full Metal plans to do more tests for indium at the Fortymile property.
