LATEST RESULTS FROM DAIRI ZINC/LEAD PROJECT
Monday, September 25 2000 - 11:00 AM WIB
LATEST RESULTS FROM DAIRI ZINC/LEAD PROJECT
Herald's 71% subsidiary International Annax Venture Inc. (IAX), reports as
follows:
Assay results from hole SOP32D are now available and confirm the greatest
width of massive sulphide mineralisation encountered so far.
Results were as follows:
| Hole | North | East | Dip/Azimuth | From (m) | To (m) | Width (m) | Zinc | Lead | Silver | Description |
| SOP32D | 9700 | 5080 | 75/076 | 208 | 244 | 36 | 18.2% | 11.8% | 11g/t | MMH |
MMH = Main mineralised horizon
Such results continue to confirm the outstanding potential of this project.
Hole 33, drilling down-dip on the same section above, was in Julu pin-striped
shales when drilling ceased at approximately 300m down-hole depth due to rig
failure, just short of the anticipated location of the MMH. It is planned to
complete this hole at a later date with a larger drill rig.
Drilling of Hole 34 on Section 9570N, 5156E has commenced.
Yours faithfully
M P Wright
Executive Director