The rise didn't climb on no news it climbed on the announcement...

The rise didn't climb on no news it climbed on the announcement of mineralised intersection in holes MBRCDD050 and MBRCDD049 and the drilling of a wedge hole. The MBRCDD050 lived up to expectations on grade and assays for MBRCDD049 are not received yet. The original announcement said.

"MBRCDD049 was designed to test for mineralisation at between 300-400m below surface and about 120m further north than previous drilling. MBRCDD049 swung about 25m further south than originally planned and intercepted multiple intervals of quartz-sulphide (chalcopyrite-pyrrhotite) stringer/breccia style mineralisation commencing at about 350m downhole. Assays remain awaited, however it is expected that downhole intervals 371-376m, 392-396m, and 403-406m will contain significant copper mineralisation. The true width of these intervals is expected to be about 70% of downhole widths."

We have assays awaited on MBRCDD049, the wedge hole (with a ~15m intersection) and the hole which is presently in progress (MBRCDD026W1) plus DHEM. What MBRCDD026W1 might hold will be interesting.

Company working hard. Company delivering results. Company has a 50/50 JV over Mallee Bull with partners that are mining in the area. Company has the lions share of acreage around Mallee Bull in this highly metalliferous district which is also subject to a free carried JV with the Japanese. What's not to like?

And if the market is asleep and the safe tactic is to buy the low dips into the teens then that's just the way it will have to be.

Eshmun

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