[CPSI NewsAlert: Voyager's "Exceptional" Discoveries Continue at KM, CPS Maintains SPEC BUY]

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VOR traded as high as 8.1c or 6.6% higher, range 7.4c-8.1c as of early morning

Voyager: EXCEPTIONAL DISCOVERIES CONTINUE AT KM

January 18, Voyager Resources Limited (ASX:VOR) --

Voyager Resources is extremely pleased to announce a further discovery at its KM Copper Porphyry Project (“Project”), in the South Gobi Region of southern Mongolia.

Initial assay results have been received from the first diamond drill hole completed on the Aranjin Discovery. This result along with previously announced intersections from Cughur and Gaans Discoveries sees Voyager Resources continuing to drill some of the best copper mineralisation reported in Mongolia, external to the Giant Oyu Tolgoi Copper Deposit. 

The first assays from drilling at the Aranjin Discovery, the third shallow hydrothermal breccia discovery at the KM Project has returned an outstanding result:

Ø  168 metres at 0.74% copper and 5.4 g/t silver from 76 metres (KM0124D), including:

§  36 metres at 2.07% copper and 16.2 g/t silver from 86 metres

In addition to this, further results have now been received from drilling completed at the Cughur and Gaans Discoveries. These results continue to confirm the KM Copper Project as the major new high grade copper discovery in Mongolia, and include:

Cughur:

§  115 metres at 1.5% copper and 2.9 g/t silver from 26 metres (KM0057RCD)

§  58 metres at 1.2% copper and 4.3 g/t silver from 36 metres (KM0055RC)

§  52 metres at 1.5% copper and 3.6 g/t silver from 28 metres (KM0064RCD)

Gaans:

§  72 metres at 1.2% copper and 8.8 g/t silver from 14 metres (KM0083D)

§  64 metres at 0.8% copper and 3.3 g/t silver from 2 metres and 32 metres at 1.2% copper and 3.3 g/t silver from 124 metres (KM0091RCD)

It has been deduced that a porphyry stock or cluster of porphyry stocks, exists at the KM Copper Project which act as feeders to these shallow hydrothermal breccias. Voyager recently commenced a separate drill programme aimed at identifying the porphyry stock or stocks. 

Voyager has placed an Exploration Target* of between 50 and 150 million tonnes at between 0.8 and 1.5% copper on the hydrothermal breccias at the KM Copper Project. This Exploration Target does not include the larger Copper Porphyry Stock targets.

Mineralisation has also been intersected in drilling on a further two hydrothermal breccia prospects, namely Gaans North and Zam Daguukh and a sheeted vein system at the Elstei Prospect.

Voyager has completed 173 RC drill holes, 48 diamond core drill holes and 19 diamond core drill tails on the project. Ongoing exploration and drilling continues to strengthen Voyager’s belief that the KM Copper Project is an exceptional porphyry copper project.

…

Link to release

CPS Securities: Based on the above, CPS Securities maintains its SPECULATIVE BUY recommendation on the stock.

 

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"Mogi" Munkhdul Badral

Senior Client Manager / Executive Director

CPS International LLC

Telephone/Fax: +976-11-321326

Mobile: +976-99996779

Email: mogi@cpsinternational.mn

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CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based AFSLicense Holder. To trade ASX and international stocks, feel free to contact me at mogi@cpsinternational.mn or +976-99996779.

 

Disclosure/Disclaimer

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CPS International advise this email contains general information only and does not include advice. In preparing this communication, CPS International did not take into account the investment objectives, financial situation and particular needs of any person. As with any speculative mining company there are significant risks.