Don't be fooled. I was going to sell into Zone 2 news but have suddenly changed my mind after reading this:
"It indicates the presence of significant gold and silver credits (0.44 g/t Au and 23.3 g/t Ag) over the entire intersection which increases the grade by 10% to 164m at 3.1%Cu on a copper equivalent basis.
Again the hole confirmed the existence of extensive open-cut ore grade mineralisation around and between the previously defined higher grade mineralisation with both the width and grade of the intersection substantially higher than expected.
Further it reinforces our view that Jabal Sayid is likely to rapidly emerge as a world class orebody and that the grade in the previously announced open pittable target of 100-150mt at 1-1.5% copper, based on the 50 kms of previous drilling, may indeed prove to be conservative ”
"Three drillholes, BDH-2001 - 2003, have also been completed in the oxide section of Zone 2 with assay results currently being assessed. Seven drillholes have also already been completed on Zone 1 with samples submitted for assay or being assessed. Four holes are planned for Zone 4 commencing in December 2006 as well a number of RC drillholes are planned to be undertaken in the oxide zones of Zones 1 and 2 where core recovery has been poor. Vertex will be re-assaying selected sections of past drillholes commencing in January 2007. Results of this work will be reported when they become available."
Subject re: up 66pc after reinstatement
Stock Code ADS - ADV GROUP LIMITED
Posted 06/10/06 13:12
Posted by macrae12 - Banana
IP 211.26.xxx.xxx
Hotcopper Radio ADS on BoardRoom Radio
Post #296466 - 100 reads
In Reply to msg #296465
Worth a shot at 10c IMO.
Add to My Watchlist
What is My Watchlist?