BMB balamara resources limited

Silver up 4.27% last night (Friday PM) on revived QE3...

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    Silver up 4.27% last night (Friday PM) on revived QE3 speculation.

    Here's hoping we receive confirmation that our step out drilling at Monty confirms another 40m of 507g/t silver mineralisation along strike to make a total of 80m (for now lol) of high grade silver mineralisation!!

    IMO, results are expected anytime within the next couple of weeks.

    The Monty project alone has been valued by Fox-Davies at $29 million, our market cap. is $19 million.........

    For those new to BMB, here's what the first two holes showed;

    The most significant intersection on the first hole was:
    • 5.5m (181.5m to 187m) at 507.7 g/t silver, 4.01% zinc, 2.83% lead and 0.28% copper.
    The first hole also returned:
    • 5.5m (146.5m to 152m) at 17.8 g/t silver, 7.18% zinc, 4.71% lead, and 0.08% copper; and
    • 11m (161m to 172m) at 14 g/t silver, 5.13% zinc, 3.44% lead, and 0.21% copper.

    AND

    • 8 metres (147m to 155m) at 129.7 g/t silver, 2.45% zinc, 1.50% lead and 0.29% copper which included 3 metres (147m to 150m) at 337 g/t silver, 4.05% zinc, 2.74% lead and 0.61% copper; and
    • 18.5 metres (94.5m to 113m) at 14.0 g/t silver, 4.64% zinc, 3.67% lead and 0.29% copper.
 
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