looks like theyre about to hit the Motherload..
as per the announcement :
Assays from RC53-RC55 are the first results received for northern Ulanzi, showing significant >10% graphite intervals from all three holes. Of the 12 assayed Ulanzi holes, every hole has returned >10% intervals.
Drilling will continue drilling at Ulanzi over the next month with the intention of developing a mineral resource by the end of 2015.
Additional drill pads have been prepared for the next phase of drilling planned for late October (Figure 2). A bulldozer arrived onsite this week to prepare tracks and pads into the southern portion of Ulanzi central. Thirty planned holes will result in over 2km of the Ulanzi structure being drill tested and should provide sufficient information to generate a maiden JORC compliant resource for the prospect by late December.
Ulanzi alone seems to be a companymaker
BKT Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
