mavuzi interpretation major u fever

Mavuzi prospect had a drilling campaign run on it prior to Christmas and the results were so-so. The drill campaign was mounted within an area of 2 kms x 500 meters. After the drill campaign OMC expanded their recon of the area by doing a substantial "first pass" recon on an area measuring appox 4 kms by 2 kms North of the drill campaign. These results are very impressive for a recon program as they located FOUR parallel U zones with each one about 4 kms long. There are two dominant zones with lots of U indications throughout. OMC says these zones extend for about 10 kilometers.

International funds will continue to buy OMC based on the results at Kariba (potential of 30M pounds of U, see earlier posts) with potential to go to multi-dollar price. Mavuzi was really not in the price mix. To-day's report will only help fan the OMC sp higher as it now becomes a very substantial U target.