MYL 0.00% 70.0¢ mallee resources limited

Ann: MYL to Acquire Advanced Copper Gold Porphyry Project, page-2

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  1. 2,582 Posts.
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    Oh no looks like MYL will make more $$$$$. For the shareholders..
    Highlights  A binding agreement has been executed to acquire a 100% interest in the Wuntho Project, a highly prospective copper-gold porphyry exploration project in the strongly mineralised Sagaing Region, Myanmar  Near drill ready porphyry targets have been defined by soil sampling on two granted Integrated Exploration Licences  The Wuntho North IEL hosts historic rock chip samples up to 51.6g/t gold and 3.8% copper, as well as artisanal mine workings  Soil sampling has defined a 9km by 7km alteration system zoned from lead-zinc to copper-molybdenum, a characteristic pattern around porphyry systems  The Wuntho South IEL, with anomalous gold and copper in soils, is just 6km west of the Shangalon Porphyry deposit
 
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