AUL 0.00% 28.5¢ austar gold limited

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  1. 34 Posts.
    re: zinc prices

    Thursday, July 06, 2006 - Edition
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    AUSTRALIAN UNITED GOLD LTD



    Australian United Gold has announced the results of the recent 17 hole reverse circulation drilling program undertaken at its Manindi Zinc Project, in the Murchison Mineral Field of Western Australia. At Warabi (Zone A), drilling has extended the known mineralization by at least a further twenty metres north of the current established resource, with results of 10m @ 6.85% Zn, including a higher grade interval of 5m @ 11.8% Zn, from 44 m in hole MNRC 008. Other highlights include MNRC 014 which was drilled to twin historic hole FWD 005 and returned 18 m of 14.96% Zn from 43 m, including a 3 m interval grading 36.3% Zn. Drilling at Mulgara (Zone B) encountered further high-grade zinc mineralization with hole MNRC 012 intersecting 16m @ 7.4% Zn from 23 m, including 10 m @ 10.2% Zn. Additional extensional and RC drilling is planned for the existing reserve areas at Warabi and Mulgara.

    Property: MANINDI
    (Complete Text of July 5, 2006 News Release) PDF

    Related News:
    Zinc Exploration in Australia

    First time I have seen AUL mentioned in an overseas INFOMINE article ...perhaps we are now worthy of a mention ....nothing we dont already know in here .But nice to see the company on the Map...Not long for these prices I feel.....


    dyor
 
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