MMN macmin silver ltd

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    MACMIN SILVER LTD
    (A.B.N. 53 056 776 160)
    P.O. Box 7996 Telephone: (07) 5592 2274
    Gold Coast Mail Centre Facsimile: (07) 5592 2275
    Queensland 9726 Email: [email protected]
    AUSTRALIA Internet: www.macmin.com.au
    11th January 2005
    Australian Stock Exchange Limited
    Company Announcements Office
    DRILLING AT TULIAMBI ENCOUNTERS
    FURTHER SIGNIFICANT COPPER-SILVER MINERALISATION
    Two diamond drill holes (TUD3 and TUD4) were completed in mid-December at Tuliambi following
    on the previously reported [ASX Release 30 September 2004] high grade intercept of 5m at 6.0%
    copper, 325g/t silver and 3.4% zinc in hole TUD2.
    Holes TUD3 and TUD4 were drilled from a site located approximately 30m south-west of hole
    TUD2 along the line of old workings. Hole TUD3 intersected 8m (77-85m downhole) at 3.43%
    copper, 179g/t silver and 1.09% zinc. Included in this intersection was 1m (78-79m downhole)
    at 10.1% copper, 531g/t silver and 1.92% zinc. Hole TUD4 failed to intersect any significant
    mineralisation as it terminated prior to reaching the target zone.
    The Tuliambi Prospect is situated 5km north-east of the mining lease that surrounds the Twin Hills
    Silver Mine – where mine construction is currently in progress.
    Managing Director, Denis O’Neill, stated “The intersection in TUD3 is very encouraging as it shows
    that lateral continuity to the copper-silver mineralisation occurs at Tuliambi. We now have the
    confidence to extend the drilling further along the strike of the system for several hundred metres
    to test this potential. The drilling rig will return on January 18 to begin this programme.”
    Yours faithfully
    R.D. McNeil
    EXECUTIVE CHAIRMAN
    Kc/dmo/ASX Release Tuliambi 11Jan05
 
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