BML 3.70% 14.0¢ boab metals limited

Ann: McArthur Basin Exploration Update, page-17

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,884 Posts.
    lightbulb Created with Sketch. 1130
    This is from last week Ann, and this is why you should hold on tight!

    Coppermine Creek (copper - cobalt, silver)
    The thickness, continuity and style of the copper (as well as cobalt and silver) mineralisation at Coppermine Creek are impressive. The mineralised zone, is spatially controlled by an evaporite horizon (figure 4) extending south and dipping gently from the copper mineralised at the Gordons Fault (figures 3 and 4).
    The outcrop length of the mineralisation is 700m (figure 3). Applying a 0.3% Cu grade cut off, the average intersection thickness of the 12 holes is 9m, with a length weighted average intersection grade of 1.0% Cu (table 1).
    There is potential for significant tonnages of much higher copper (and cobalt, silver) grades of stratabound Mount Isa/ Nifty style copper mineralisation at moderate depths of between 150m and 400m. The possibility of zones of higher grade copper mineralisation is supported by intersections of historical and previous Pacifico drilling, such as GPRC07 with 13m of 2.0% Cu, and CCD03 with 5m of 2.5% Cu, including 2m of 4.0% Cu (table 1).


    Also, Remember The Cobalt! this could set it on fire.. we have all the signs Cobalt is there. Four holes of an average of 200ppm Cobalt!!!!! this may indicate there are lot more deeper.
    Conductivity measurements is underway this week and we should have results out soon as per last ann.

    upload_2017-2-16_22-21-18.png
 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
(20min delay)
Last
14.0¢
Change
0.005(3.70%)
Mkt cap ! $32.67M
Open High Low Value Volume
14.0¢ 15.0¢ 14.0¢ $64.34K 454.5K

Buyers (Bids)

No. Vol. Price($)
6 239774 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 22393 1
View Market Depth
Last trade - 16.10pm 19/11/2024 (20 minute delay) ?
BML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.