BTV batavia mining limited

further significant drilling results

  1. 842 Posts.
    Batavia
    Mining Ltd has announced further significant drilling results
    from the ongoing in-fill and resource extensional drilling programme at
    its 100pc-owned Deflector Gold-Copper Project at Gullewa in WA.
    The drilling program has delivered individual high-grade
    intersections in excess of 100g/t Au and a single best intersection of
    12.13m @ 5.7g/t Au and 0.5pc Cu.
    Other intercepts returned from West Lode include:
    * 0.42m @ 102.89 g/t Au and 0.3pc Cu
    * 0.43m @ 29.13 g/t Au and 18.2pc Cu
    * 4.00m @ 7.58 g/t Au and 0.4pc Cu
    * 2.17m @ 11.83 g/t Au and 0.1pc Cu
    * 0.38m @ 81.50 g/t Au and 0.4pc Cu
    Batavia was initially aiming to complete the entire drill program
    by the end of May.
    However, in light of the excellent results received so far, the
    company has decided to extend the programme out to the end of June by
    drilling an additional six in-fill holes totalling 2,700 metres.
    The objective of the additional holes is to extend the
    Indicated/Inferred boundary within the Mineral Resource below its
    originally planned level, to enable a greater proportion of the resource
    to be upgraded to Indicated status once work on the new resource model
    commences.
    plus the spin of U asset coming soon .
    all this good news and share price is down , what is wrong with Ozy investors
 
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