UMC 0.00% $1.30 united minerals corporation nl

better than speculating on the sp

  1. 286 Posts.
    The current SP is annoying; so

    The inferred JORC included -

    UI 274 100m @ 61.6% Fe 0.05%P from 57m
    UI 273 80m @ 64.4% Fe 0.06%P from 70m
    UI 257 79m @ 60.5% Fe 0.07%P from 45m

    Post Jorc

    Drill Hole UI 314 117m grading 63%Fe (from 61m to 177m)
    Impurities grading 2.5% Si02, 3.0% Al203, 0.07% P

    A study of the drilling grid from the June Q and JORC confirms that assay results for the string of holes extending due east of UI 314 i.e. UI 342 to UI 601 were not available for inclusion. I'm hoping one of the experts can draw on their experience and project the tonnage increase that is likely to be achieved by this thickening of the orebody.
 
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