this looks to be a sign of news coming.
perhaps from either of the two projects below.
cheers
29/3/07
Pacmag Metals advised that a new shallow high-grade copper zone has been identified at Ann Mason north-west. Best results include: 6m @ 5.0% Cu including 3m @ 9.05% Cu. In addition, a significant new porphyry copper system has been defined at Blue Hills located 2 kilometres west of the Ann Mason deposit, with wide intercepts of copper mineralisation identified in broad spaced step out drill holes covering 750m across system, including 46m @ 0.4% Cu within a broad interval grading 277m @ 0.25% Cu equivalent.
14/6/07
Pacmag Metals has announced that it has secured exclusive rights to the Ludwig, Douglas Hill and Castings copper mines located near the company's Ann Mason porphyry copper-molybdenum project in Nevada, USA. Historical production of 66 million pounds of copper metal, at grades ranging from 3% to 6% copper. Intersections include 53 metres @ 0.61% copper and 29 metres @ 0.52% copper. The company has also announced that its cash position increased to $9 million, providing adequate funds to accelerate drilling and pre-feasibility studies at Ann Mason and drill testing of surrounding nearby targets such as the new Ludwig, Douglas Hill and Castings prospects.
cheers
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