ZLD 0.71% 70.0¢ zelira therapeutics limited

production commenced forest gimp upcoming from previous...

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    production commenced forest gimp upcoming from previous reports

    "GLN plans to commence follow up drilling at the Forrest Gimp prospect in late July. Forrest Gimp is located 12 kilometres south of the Fortnum treatment plant on the Peak Hill joint venture (80%). Results of first pass drilling identified a wide zone of ore grade mineralisation associated with a previously untested geochemical anomaly. Intercepts included 11 metres averaging 3.26 g/t from 64 metres down hole within a broader 28 metres averaging 2.02 g/t gold from 53 metres. Follow up drilling will consist of a series of step out RAB drill lines across the geochemical anomaly along strike of the previously defined mineralisation."

    I have heard that the drill results are due near the end of next week & that the boys ' were 'quite impressed' with the visuals so may pay to keep a close watch.

    Support 40c resistance 50c

 
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