short term trading - week starting 12th august, page-16

  1. 22,120 Posts.
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    Entry for STT List HNR

    Market Cap $8m cash $1m plus $4m due from project sale

    Drilling historical high grade copper gold project

    Initial results from first 2 holes have been very promising and validate historical results

    "Highlights:
    ? High grade copper-gold assays returned from first two holes at Central Orebody, Pahtohavare include:
    o 10m @ 3.62% Cu, 2.7g/t Au, 1.79g/t Ag from 60m (PARC13002)
    ? Inc. 4m @ 5.14% Cu, 5.54g/t Au, 1.77g/t Ag from 65m (PARC 13002)
    o 14m @ 1.47% Cu, 0.6g/t Au, 0.9g/t Ag from 70m (PARC13002B)
    ? 3m @ 4.52% Cu, 1.69g/t Au, 1g/t Ag from 73m (PARC13002B)
    o 3m @ 4.02% Cu, 0.75g/t Au, 4.67g/t Ag from 129m (PARC13001)
    ? Assays highlight that altered rocks without visible oxide Cu mineralisation can be mineralised
    o A review of historical and modern drilling where altered rocks have been intercepted but not assayed may identify additional Cu-Au"


    Chart shows the stock is basing and setting itself up for a trend reversal breakout


 
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