ANX 9.09% 1.0¢ anax metals limited

bootu creek manganese

  1. 255 Posts.
    JHird thanks for the link to OMH presentation.
    I was rather puzzled by their lack of recent Mn
    exploration results around Bootu creek.On
    page 2 it states 3,326 sq km tenements near
    Bootu creek I assume most of the resource
    was drilled and established way back in 2005.
    Really make you wonder how much they have
    left to find in this area.
    Brumby Resources Limited (Brumby) (ASX: BMY)
    announced a programme of Reverse Circulation
    (RC) drilling commenced on 6 December 2009 at
    its Bootu Creek North manganese project in the
    Northern Territory.
    This first pass drilling programme of approximately
    2,500 metres is designed to test seven EM
    (electromagnetic) anomalies previously defined by
    Brumby in a helicopter supported geophysical survey.
    The anomalies occur about 10 kilometres along
    strike from OM Holdings Bootu Creek open
    cut manganese mine.
    Brumby considers that these anomalies are situated
    within the same geological and structural
    setting to those hosting the OM Holdings manganese
    deposits.

    10 km strike doesn't sound like much !!

 
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