DML 0.00% 1.9¢ discovery metals limited

Full report -...

  1. 1,895 Posts.
    Full report - http://www.discoverymetals.com.au/irm/content/reports_broker.html


    Conclusion: This latest update adds confidence to the Boseto project as more resource moves into the measured and indicated category. The resource across all three prospects remains’ open at depth, and zeta has potential to extend along strike. The possibility for an underground operation at the mine is encouraging as it could lead to either an extended mine life or an enlarged operation at a later stage, which would add significant value. We see further substantial upside from additional resources within the company’s extensive tenements that could eventually lead to a significant operation, as Discovery has a first mover advantage in what could be a new copper mining district.
 
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Currently unlisted public company.

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