don't act so surprised..., page-3

mt gee drilling by exoil stopped in economic ore
This is from 2nd August announcement:

Drilling data indicates that a large number of Exoil drill holes stopped within the mineralised
zones (see bottom of holes in Figure 4). It is one of the Marathon’s exploration goals to re-drill
some of these areas to intersect the full thickness of mineralised zones and in this way increase
the orebody resource.
The grade distribution data (Figure 6A), thickness of ore zones (up to about 30 m, Figure 7A)
and interpreted accumulation U3O8 index (up to 90 kg/m2 in richer zones, Figure 7B) indicate
continuity of mineralisation and resource within the orebody, with further exploration potential
open in all directions.


If you look at Figure 4 in the ann, you will see that drilling had stopped in uranium ore which is considered economic.

In one hole drilling had stopped, when U grades were 3.5%.

Drilling had stopped in most cases when a depth of 100m had been reached.

Therefore they will be re drilling a lot of these holes to upgrades the grade and tonnage of the resource.

MTN remembered have drilled one hole at Mt Gee already and found that U is continuous for 635m. Their aim was to simply prove that U is existent at deep intervals.

Anyway Im holding for the long term as mentioned many times before.

Good luck to those that hold.........or dont hold

Cheers