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Subject: early warning drilling to commence
Stock Code: AXT - ARGO EXPLORATION LIMITED
Posted: 25/05/07 10:39 Hotcopper Radio: AXT on BoardRoom Radio
Posted By: alecfra Views: 89
Post #: 1818079 (Start of thread) Sentiment: Buy
IP: 218.214.xxx.xxx Voluntary Disclosure: Stock Held
For Immediate Release
25th May 2007
ARGO RECEIVES CLEARANCES AND APPROVALS TO COMMENCE
DRILLING AT INTERCEPT HILL – DRILLING TO COMMENCE IN
APPROXIMATELY THREE WEEKS
Argo Exploration Ltd (ASX Code ‘AXT’) advises today that Work Area Clearance
surveys have now been conducted at several proposed drill sites by the Barngarla and
Kokatha Native Title Claimant groups with a number of high priority sites being cleared
for drilling. In addition, the Department of Primary Industries and Resources, South
Australia ( PIRSA) has granted Argo all work approvals required to commence the
contemplated drilling program.
Boart Longyear Pty Ltd are contracted to carry out the initial drilling program involving
four to six holes up to 1200 meters vertical depth. The initial program is designed to
evaluate specific geophysical targets interpreted to reflect possible Olympic Dam-style
iron oxide copper-gold-uranium basement mineralization. Drill testing is anticipated to
commence as soon as the contracted rig becomes available which is expected to be in
approximately three weeks.

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Subject: re: early warning drilling to commence
Stock Code: AXT - ARGO EXPLORATION LIMITED
Posted: 25/05/07 12:22 Hotcopper Radio: AXT on BoardRoom Radio
Posted By: benboy77 Views: 85
Post #: 1818648 (In Reply to msg #1818079 from alecfra) Sentiment: Buy
IP: 203.41.xxx.xxx Voluntary Disclosure: No Stock Held
Very cheap at the moment, should run on lead up to drilling as stock tightly held. Could be the next MOX!



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Subject: re: early warning drilling to commence
Stock Code: AXT - ARGO EXPLORATION LIMITED
Posted: 25/05/07 16:32 Hotcopper Radio: AXT on BoardRoom Radio
Posted By: alecfra Views: 79
Post #: 1819753 (In Reply to msg #1818648 from benboy77) Sentiment: Buy
IP: 218.214.xxx.xxx Voluntary Disclosure: No Stock Held
I have compared the geophysics of VMS MOX and AXT,

I prefer AXT because it leases actually cover part of the Emmie Bluf deposit and its only 25km from Carpenteena (Teck Cominco---listed only in USA).

Drilling to 1200 meters is simply massive.

Lesst hat 40mill listed....major accumulation has gone on since listing.

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