Thursday, March 24, 2011


ZAMIA METALS LIMITED [ZM032411] - MORE MOLYBDENUM FROM DEEP DRILLING AT ANTHONY

• New diamond drilling confirms a southern high grade zone
• Additional drilling in progress to expand the resource
• Assays for holes not included in previous resource estimation

Zamia Metals is continuing reverse circulation (RC) and diamond drilling at its Anthony molybdenum discovery in central Queensland.

On 25 February 2011, Zamia announced an increase in the Inferred Resource in primary (sulphide) molybdenum mineralisation and much of that resource increase came from deep drilling in the western high grade zone but a number of previous holes indicated the presence of high grade molybdenum at depth in the east and south of the deposit. Recent diamond drilling has focussed on extending previously-drilled shallow reverse circulation (RC) holes to greater depth.

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