angas potential

Reading the activities report it looks like the 3 million tonne resource at Angas could be just the tip of the ice burg. The mineralization seems open all over the place; the Jettner shoot alone could double the current Angas resource.

“Additional Resource Potential

As noted above the potential to add significant additional resources is high as the Rankine orebody remains open at depth, and a large untested down-hole EM conductor (Jettner anomaly) has been recognized about 200 m west of the down plunge orebody extensions. Both of these targets have the potential to add several million tonnes or more to the resource.”

“Final terms of the mining lease are being negotiated. Terramin anticipates the MARP will be agreed in August.”

With the Mining and Rehabilitation Program (MARP) expected to be agreed this month and high zinc prices TZN could be due for a run. Not long now…hopefully!!!

Could that U Boat at $1.25 be genuine??