MEP minotaur exploration ltd
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mutooroo

  1. nolly
    1,589 Posts.
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    02/02/11
    11:24
    Post #: 7828135
    AT LAST ....Minotaur Exploration advises that drilling commenced today on the Mutooroo magnetite targets, 90km south-west of Broken Hill. Eight holes have been designed to test 5 magnetite-bearing sedimentary packages within the Braemar Iron Formation, to downhole depths of 200-300m each, using a multi-purpose UDR 1000 drilling rig. A total of 1600m of RC and 300m of diamond core is intended. Extensive rains throughout the Broken Hill region since late last year prevented heavy equipment access, until now.
    MEP Price at posting: 28.5¢ Sentiment: Buy Disclosure: Held
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