|September 14, 2012|
Rathdowney Provides Additional Information To Investors: Zinc-Lead Resources Average 3 Metres In Thickness At Project Olza
|September 14, 2012, Vancouver, BC -- Rathdowney Resources Ltd. ("Rathdowney" or the "Company") (TSXV: RTH) recently announced an estimate of significant zinc-lead mineral resources for its Project Olza in Poland. The 100-square kilometre property is located in the Upper Silesian Mining District of southwestern Poland, an area of extensive Mississippi Valley-type deposits in which zinc-lead mining has taken place since the 12th century. |
Mineralization at Project Olza occurs along a corridor which, in plan, follows a broadly curvilinear pattern with a total strike length of approximately 10 kilometres and width up to 1 kilometre. Stratabound mineralized zones, ranging in thickness from less than 1 metre to 20 metres, are mainly hosted in a flat-lying dolomitic unit 100 to 250 metres below surface.
Within this mineralized corridor Rathdowney has defined a mineral resource utilizing holes from historical and recent drilling. At a 2.0% zinc cutoff, these inferred mineral resources are 21.2 million tonnes grading 7.42% combined zinc and lead (5.88% zinc and 1.54% lead)1 . Mineralization within the areas that comprise the resource, shown on the map at http://rathdowneyresources.com/i/rdr/pdf/RTH_2012_Sept11_Drawing.pdf, averages approximately 3 metres in thickness.
The Qualified Person for the estimate is Robert L. Sandefur, P.E. of Chlumsky Armbrust & Meyer, who has reviewed the contents of this release. Further details are available in the Company's September 11, 2012 news release.
Rathdowney Resources Ltd. is a mineral exploration company focused on finding and developing the next generation of zinc-lead-silver deposits in the ore fields of Europe. Rathdowney is associated with Hunter Dickinson Inc. ("HDI") a diversified, global mine development company with a 25-year history of mineral development success. From its head office in Vancouver, Canada, HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral properties that provide consistently superior returns to shareholders.
For further details on the Company and its projects, please visit www.rathdowneyresources.com or contact Investor Services at (604) 684-6365 or within North America at 1-800-667-2114.
President & CEO
1The effective date of the estimate is May 2012, the date of the latest drilling used in estimation. A technical report will be filed on the Rathdowney profile at www.sedar.com within 45 days.