SMM somerset minerals limited
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anyone had a look at SMM additional tennements??in addition to...

  1. dj_420
    1,350 Posts.
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    21/09/06
    21:56
    Post #: 1809005
    anyone had a look at SMM additional tennements??

    in addition to valhalla and skall deposits i think are of large interest are:

    ANDERSONS
    Recent drill results reported for Andersons include:

    28m 4.87lb/t (0.22%) U3O8 & 5.94lb/t (0.27%) V2O5
    27m 2.65lb/t (0.12%) U3O8 & 6.52lb/t (0.30%) V2O5
    20m 3.90lb/t (0.18%) U3O8 & 6.37lb/t (0.29%) V2O5
    40m 4.52lb/t (0.21%) U3O8 & 6.91lb/t (0.31%) V2O5
    33m 3.15lb/t (0.14%) U3O8 & 7.99lb/t (0.36%) V2O5

    Only one of 8 deposits, 6 100% owned


    Future Targets:

    WARWAI
    Drill results previously reported for Warwai include:
    9m 5.29lb/t (0.24%) U3O8
    8m 3.09lb/t (0.14%) U3O8

    DRUM
    Rock chip assays reported for Drum include:
    Rock chip 13.40lb/t (0.61%) U3O8

    These are only 2 of the 15 prospects for exp

    Quite a few of their 100% owned tennements will be JORC compliant by the end of the year, looking forward to increases on current tonnage.

    i think this one is a sleeping giant and positively identifying resources will help market take notice.
    SMM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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