UMC 0.00% $1.30 united minerals corporation nl

hmmmmmm, page-4

  1. 6,111 Posts.
    90c looks likes a lift off :)

    was bargain buying at 85c...

    ASX Release 25 June 2009 ASX Code: UMC

    NEW ASSAY RESULTS CONFIRM EXTENSIVE HIGH GRADE
    IRON ORE MINERALISATION AT RAILWAY BOUNDARY ZONE

    At the time of reporting (ASX 17 April 2009), the 122 m of bedded mineralisation in hole UI 767
    represented the widest zone of bedded mineralisation known at the Railway Deposit. Outstanding in the new
    data is drill hole UI831 which has intersected 136 m of high-grade bedded mineralisation grading 62.7
    % Fe from 54 m depth, emphasising a significant thickening of this mineralisation in the south-eastern
    section of the Railway Deposit. Further drilling is required between holes UI 831 and UI 605 to complete the
    section.

    Further and even more significant visual iron mineralisation was reported from the RC holes east of the
    Section Line 674175 (see ASX release 14 May 2009). Additional assays are expected shortly and will be
    reported when received and assessed
 
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Currently unlisted public company.

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