ATN (Ashburton Minerals) very late on friday (3.21m) announcement that it has intersected WIDESPREAD COPPER MINERALISATION.
Here is the extract:
"Field results stemming from the visual inspection of the RC drill chips and the diamond core are very encouraging and CONFIRM the WIDESPREAD OCCURRENCE OF COPPER MINERALISATION THROUGHOUT THE POKALI PROSPECT.
ALL BUT ONE of the holes INTERSTECTED ANOMALOUS LEVELS OF VISIBLE CHALCOPYRITE. For example, hole PKC012 drilled the “Leg Ham” target and intersected 38 m (from 118 m to 156 m) of altered metabasalt with variable amounts of chalcopyrite, generally 1%-2%, occasionally up to 5%-7.5%.
Chalcopyrite has now been confirmed down hole in appreciable (visible) quantities over a STRIKE LENGTH of IN EXCESS OF 2KM, in several sub-parallel zones. This is an excellent result that bodes well for the potential of the Pokali area to HOST a SIGNIFICANT COHERENT BODY OF COPPER MINERALISATION.
Everyone should dyor on this OVER THE WEEKEND. SFR was a 4c stock only half a year ago or so.
Ashburton is a 4c penny that has a great register and HIT PAY DIRT late on friday afternoon!!!
It could be a 20c 5 bagger in no time at all
http://www.asx.com.au/asxpdf/20091009/pdf/31l7pyqjsb4kk9.pdf
Regards,
followme
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