POL 1.47% 33.5¢ polymetals resources ltd

carina progress update asx release

  1. 4,724 Posts.
    Summary highlights:

    CARINA PROGRESS UPDATE

    �� Broad zones of high quality iron ore intersected with peak result of 82m at 60.3% Fe from 14m in drill hole CA038

    �� Low average Al2O3, P and SiO2 indicate high quality DSO product

    �� Up to 5 drilling rigs operating from mid-September to accelerate resource definition

    Carina Update asx release

    Also, website updated. Cant really complain about the quality of releases in the last month or so:

    Carina PFS demonstrated $100mill NPV, MOU with Fremantle port, option over 8ha of landcorp land for stockpile/storage space adjacent to proposed new birth, additional targets identified north of Carina along fault line, excellent high grade assays continue to roll in at Carina, 5 rigs soon to be operating, MD buying on-market.

    Looking way oversold, damn good value at these prices.

    cheers.



 
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