MXR 2.17% 4.5¢ maximus resources limited

Ann: Drilling Commences - Misho Nickel Prospect, page-13

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  1. 354 Posts.
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    Just saw this announcement on LinkedIn. Have to say it looks pretty good. Real surprised that such an obvious mag target that practically screams classical Kambalda embayed contact has not been drilled before. For people following more closely, correct me if I'm wrong but I read there was little drilling in the area of interest.
    The elevated Cu anomaly bodes well for an orthomagmatic source and so do the 1.2 % Ni hits. Andrews shaft about 311 000 tons at 2.5% to north and 1A to south I think was 112 000 at 3.8 which is good so that would be range of expected tenor.
    Good one to watch to see if it can be sizable enough. DHTEM I assume coming up in the guts but ideally they'll hit something good there with the drill. On watch for me. Speculative buy on low data but promising start.
 
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