redbank mines has high grade copper intercepts

Source: News Bites


Redbank Mines has encountered high-grade copper intercepts during infill drilling being completed at its Redbank deposit in the Redbank oxide copper project, Northern Territory.

Intercepts include 29 m at 7.7 percent copper and 24 m at 4.54 percent copper.


Along with the drilling at the Redbank Deposit, resource infill and definition drilling is also being carried out on the Bluff and Azurite deposits, as part of an expansion definitive feasibility study at the Project.


STOCK DASHBOARD: April 07, 2008

Redbank Mines

Price at 10:20 am: 5.60c

Price change from previous trading day: 115.4%

Relative Strength (6 months percentile rank): 15.6

Market capitalisation: $9 million

Turnover volume: 8,129,202.0

Volume Index (1 is average): 19.1

Turnover value: $423,780

Turnover period: 11 months

Value of $1,000 invested 1 year ago: $400