ZGM 0.00% 0.6¢ zamia metals limited

In the ann. the chairman says that drilling is continuing and...

  1. 115 Posts.
    In the ann. the chairman says that drilling is continuing and more excellent results are expected, you can see the mineralisation in the core sample at the end of the annoucement. Some of the photos are from holes where assays have not been recieved from lab yet, so expect good news soon from looking at the photos. Resource will increase in grade and size considerably
    IMO. only 200 million shares on issue.

    I just re read the announcement and had a better look at the photos.
    The photos from hole number 20 look like they have more mineralization than the ones from number 44 which has the impressive results. se their explenation of what to look for above photos.

    Maybe thats why they are saying more excellent results expected.

    hole number 44 did hit 156m at .11%, 30m at .35% and 2m at 1.02% but was a part of a larger hit of 334m at .08% which is quite a big intersection

    Ive just looked through the ann. of Moly mines and in 2005 they said they hit intersections of aprrox 400m at .07% and .09% with sections of approx 150m at .12% to .14%

    The Mathematics look simillar to me with Zamia having additional 30m at .35% and 2m at 1%

    Do your own research but looks good to me
 
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