EXT excite technology services ltd

Hi RNFrom Aug 31 ASX...

  1. 4,582 Posts.
    Hi RN

    From Aug 31 ASX release..........
    --------------------------------------------------------------------------
    ....."Another RC rig is completing a line of drilling 1,200 metres south of the Zone
    3 line. This drilling is aimed at following up on a zone of strongly anomalous
    uranium mineralisation defined by reconnaissance exploration drilling, a
    further 400 metres to the south. Both lines of drilling being completed in this
    area have returned some exceptional results, as indicated by hand held
    spectrometer surveys of the drill samples, with multiple mineralised zones
    intersected. Results returned thus far, include: 30m @ 1,240 ppm eU and 21m @
    1,466 ppm eU. These high grade intersections were returned from pegmatitic
    leucogranites (alaskite) with abundant smoky quartz and clumpy biotite.

    Typically, the eventual chemical assay grade for a sample is 2 to 3 times the
    grades seen on the handheld spectrometer. Chemical assays from these holes are
    expected within the next 4 weeks".....

    ----------------------------------------------------------------------------------------------

    EXT have a history of timely announcements!

    However,now that the MD has resigned it remains to be seen if this will continue to be the case.IMO only.

    Cheers!
 
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