"However a minimum of 10 holes further out from the known mineralised area will be undertaken – all targeting an extension of the Mozan Contact Reef (MCR) payshoot."
Hmmm 'further out from the 'known' mineralised area eh...
Seems we are looking at ensuring this inferred resource is at the very least measured up...and possibly expanded.
The shallow holes and the constant referral to the geology of the area tells me the company is confident of measuring up the inferred resource either within the known parameters or outside of them.
Either way imo we are looking at the very least at an economic operation imo.....want to do the numbers on that inferred resource ;)
And that means its cheap....real cheap.
Weeks or months from here is anyones guess. Thing is the company is moving to follow up this initial drill with another soonafter.
We have a busy remainder of 2006 for AEX.
AEX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
