BMG 12.5% 0.7¢ bmg resources limited

BMG going forward., page-4

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    From yesterday's announcement:
    FUTURE WORK The current assay results clearly demonstrate high-grade gold-copper-zinc-silver at the Mala Prospect and show the great potential for other high-grade discoveries in the immediate area. It is expected that the area immediately north of the pit can be extended further north and northeast to intersect the “black smoker” unit at the top of mineralised Footwall Basalt. Given that there are gossan outcrops around Mala within an area of at least 600 by 1,000 metres then there is clearly scope to discover other extensions of the high-grade “black smoker” unit. Most of the few historic drill holes beyond the mine site returned elevated copper-zinc mineralisation most likely in the Footwall Basalt. A number of high priority targets have already been identified for the next round of drilling.

    So I guess that's all the news we are going to get for a while. Can't see the SP improving for a while. Happy to be corrected and proven wrong.

    RBR
 
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