POL 3.64% 28.5¢ polymetals resources ltd

asx release. carina new discoveries

  1. 646 Posts.
    25 August 2008
    ASX RELEASE


    CARINA - NEW DISCOVERIES

    �� New mineralised zones discovered north of Carina

    �� Significant potential for increased resource tonnages

    1.
    Carina Extended – 2.0km strike length with a mid point 2.5km north-west of Carina. 11 non-selective rock chip samples have returned an average iron grade of 58.9% Fe (maximum 61.6% Fe). Six exposures of primarily goethite mineralisation are present with the largest three being approximately 180m in length with widths of 30-50m:

    2.
    Carina North – 1.0km strike length with a mid point 7.0km north-west of Carina. 6 non-selective rock chip samples have returned an average iron grade of 59.1% Fe (maximum 63.0% Fe). Three exposures of primarily goethite mineralisation are present and are up to 170m in length with widths to 50m.



    Looks pretty good. Hopefully it will help the share price up a little. Any opinions welcome.
 
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