MXR maximus resources limited

Ann: Nickel-bearing sulphides intersected at Misho, page-2

  1. 8,259 Posts.
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    Do I sense a bit of excitement in today's announcement. There certainly is a sense of satisfaction in that what they thought was the nature of the structure has now been proven to be as they thought. Also while they have identified the presence of nickel bearing sulphides they are raising the caution flag and saying that we need to wait for the assay results.
    Those assay results are indicated as being about 4 to 6 weeks away which probably means we have to wait until about late May or maybe early June before they will be available.
    But MXR management is obviously encouraged by what has been found so far and what they are hoping will be the case in their forward looking plan. I thought this sentence in that section spelt out things nicely and the value of pursuing their seeking gold as well as nickel in the area : -
    "It is expected that all the remaining multi-target AC assay results from the gold targets at Kemble and Emu Patch
    and the Central nickel targets will be received in the following weeks, with the potential to generate additional
    priority nickel and gold targets.
    "
 
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