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20.5¢ minotaur exploration ltd

Ann: Drilling progress, Cloncurry & Prominent Hill,OZL-MEP.AX, page-8

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nolly

1,522 Posts.

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27/09/16

10:37

Post #: 19441505
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Originally posted by PeterPlus ↑

Minotaur’s comments
“BHP’s first drill hole VO-DDH71 testing the ‘Eloise North’ EM conductor in 1986. That hole
intersected a patchy pyrrhotite-chalcopyrite veinlet-stringer zone containing low-grade copper, averaging approximately 0.1% across the zone, with a maximum copper assay of 0.51% over a 3m interval. The hole provided sufficient encouragement for BHP to continue testing local EM anomalies, leading to discovery of the Eloise deposit only 300m to the south, the following year.”
Are particularly encouraging.
I believe that MEP are quite low key in this announcement but it is enough for me to increase my holding of MEP shares.

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YES ,,,can`t see the point in selling

MEP Price at posting: 9.8¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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