"The directors of Trafford Resources Limited ... are pleased to announce that the Company has delineated a large (approx 2 km long X 1 km wide) residual gravity anomaly of 0.8 mGals immediately to the west, and offset from, the main magnetic feature at it’s Mawson Prospect in the Wilcherry Hill Project area of the Gawler Craton, South Australia....
The Company believes that the anomaly represents a first class iron oxide-copper-golduranium (IOCGU) exploration target and has commenced planning to drill this target at the earliest opportunity.."
From today's ASX release.
TRF Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held