A1M 6.06% 35.0¢ aic mines limited

Ann: Jericho Drilling Program Intersects High-Grade Copper, page-4

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 3,622 Posts.
    lightbulb Created with Sketch. 1041
    These are very good initial results from A1M (the normally conservative AaronC called them 'exciting') (and they are given in 'true width' not just metres drilled).

    When this drill program was announced back in May17, one of the aims was to increase the ore reserves. By looking at the Fig 4 cross section i think it is easy to see these first 10 holes are doing that. Note on this x-section that the brown areas are the current ore reserves and look how the 2% Cu envelopes and these drill intercepts go way beyond that.

    Also note at the extreme end of the fine print - another 26 holes have been drilled with assays pending AND another 32 holes are about to be drilled.

    More good news announcements incoming AND I would imagine in the next 6 months an upgraded ore reserve statement for Jericho.
 
watchlist Created with Sketch. Add A1M (ASX) to my watchlist
(20min delay)
Last
35.0¢
Change
0.020(6.06%)
Mkt cap ! $210.1M
Open High Low Value Volume
34.0¢ 37.0¢ 34.0¢ $570.4K 1.588M

Buyers (Bids)

No. Vol. Price($)
2 28564 35.0¢
 

Sellers (Offers)

Price($) Vol. No.
35.5¢ 14000 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
A1M (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.