BUX 2.63% 7.8¢ buxton resources limited

exploration licence e28/2201

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    i am sure we should get some more attention due to the chinese interest in Zanthus and our graphite prospects. But the short term push will be SIR nearology. We need to make the most of it - but first require confirmation regarding grant of E28/2201 (Widowmaker) which was due end of August.

    Airborne magnetic data indicates that the broad mafic-ultramafic lithological package that hosts the Nova discovery extends north-eastwards into Buxton’s Widowmaker Project area, and corresponds with some of the nickel-copper-platinum group elements calcrete surface anomalies.

    Around 20 kilometres of strike length of the favourable lithological host-rock package is interpreted to underlie the Widowmaker Project, which covers an area of about 225 square kilometres.
 
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