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Enterprise Metals Outlines Primary Zone Gold/Copper Target At Doolgunna

Enterprise Metals (ASX: ENT) have now outlined laterite gold mineralisation within deep oxide zone, overlying elevated copper in transition zone, at the Vulcan Prospect.

Highlights from the latest air-core drill holes include: DNAC384 8 metres at 3.0g/t gold from 44 metres, and DNAC385 12 metres at 1.4g/t gold from 36 metres, and 12 metres at 323ppm copper, 875ppm As, 111ppm Pb, 127ppm Zn (End of Hole).

The company said that the results have outlined a plunging pipe like zone of oxide gold mineralisation, which is interpreted to overlie primary sulphide mineralisation with deeper reverse circulation drilling required in early 2013 to test this interpretation.

Importantly - the anomalous gold/copper results in regolith suggest a plunging DeGrussa style shoot, of approximate dimensions of 150 metres long by 20-30 metres wide, southerly dip ~700 & plunge ~600 to SE.

Dr Jingbin Wang, chairman, commented: "I am very encouraged by the infill aircore drill results because they have firmed up our model for the Vulcan area, and have outlined a primary zone RC drill target for early 2013, where we hope to discover economic copper/gold mineralisation.

"The Company also has other copper/gold soil and aircore drill hole anomalies to the northeast and southwest of Vulcan where further infill aircore drilling will be required in early 2013."

The Vulcan prospect is located within the Doolgunna Project, located 130 kilometres northeast of Meekatharra in Western Australia.

News flow to continue

The news flow for Enterprise Metals will continue is set to continue with results from aircore drill holes at other prospects in the area pending.

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