M24 11.1% 0.8¢ mamba exploration limited

Ann: Trading Halt, page-24

  1. psk
    500 Posts.
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    On their timeline they would have completed the third hole today and would probably be some way through logging.

    Promising and they would have fair idea of % of sulphides from visual estimates but to the lay man RC won't look as good as a DD Core photo in an announcement.

    As flagged on another thread all the signs were there: magnetics, EM, soil, rock chips, outcropping UM, intrusive feature.

    The target is 750m x 400m deep (limit of data) at present (from memory around 80m to top of plate) and there are further conductors down south within trend and in proximity to outcropping UM.

    Not counting chickens just yet - like many others, have seen it all in this space. But, given the market cap, promising signs if they can get decent visual zones of mineralisation in the right rocks.
 
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