UXA Resources (ASX: UXA) has kicked off a major drilling campaign, which will include 2,700 metres of mud-rotary and diamond drilling at the Dome 5 zinc-lead-silver prospect, part of the Mundi Plains Project.
The area is very prospective considering the location which is just 50 kilometres north-west of Broken Hill.
The program comprises four infill holes between previous high grade intersections and a further three step out holes targeting strike extensions which are currently open.
The prospect is strategically located, 55 kilometres from a major railway line which already transports zinc, lead-silver concentrates.
The initial Dome 5 zinc discovery at Mundi Plains was made by Teck Australia, a subsidiary of the major Canadian mining company Teck Resources (NYSE: TCK), in joint venture with PlatSearch NL in 2007.
The discovery consists of Mississippi Valley Type mineralisation in a flat lying zone at around 320 meters deep.
All five of the holes drilled by Teck within a one square kilometre area encountered sphalerite-galena mineralisation, with two high grade mineralised intersections returning up to; 0.85 metres at 19.15% zinc, 4.9% lead and 83ppm silver.
In other UXA Resources news, Federal Ministerial approval has been received for grant of uranium exploration licence at Pandanus West, which is located in the Northern Territory.