Things That Go Jump 4:56:52 PM 6-Jan-2003 --------------------------------------------------------------------------------
Small cap explorer, Mawson West (MWE) rose 2.5c or 18.52% to 16c.
The company today reported high-grade intersections of gold ore from drilling at its Maybell project near Norseman.
“The drilling has confirmed the presence of high-grade mineralisation below the main development drive and increased confidence that the Maybell ore-body hosts a significant and economic gold resource,” the company said.
A total of 17 holes were completed and final results for the first 11 holes included intercepts of: 20.25m at 9.50 g/t Gold (including 8.25m at 21.44 g/t Gold), 7.75m at 14.83 g/t Gold, 2.25m at 11.94 g/t gold, 7m at 9.93 g/t Gold, 7.5m at 6.67 g/t Gold and 5.5m at 7.61 g/t Gold.
MWE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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