late announcement: copper and uranium, page-6

This is seriously exciting news. Attractions include;

* Relatively unexplored areas of the Mt Isa Block, one of the most highly prospective Proterozoic terranes in the World.

* Clear evidence of Ernest Henry type Iron oxide/copper/gold mineralisation. (For interest; the contained copper metal equivalent at Ernest Henry is in the order of 3.5 million tons of copper metal)

* High prospectivity for Mary Kathleen type Uranium mineralisation. The presence of limestone/marble proximal to acid intrusive igneous rocks is indicated in the release. These are conditions needed for Mary Kathleen (skarn) type uranium deposits. If the deposits are there, MAR geos should be able to track them down.

I rate MAR a buy at least to 40c on this news. It could run much higher.

Opaline