SHA shape australia corporation limited

r u bailing .. looks to have turned down , page-4

  1. 56,893 Posts.
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    She is already a multi bager for me and I pyramided up. The cobalt and nickel will put this into three figures easily within 14 days IMO. LOL. Any weakness, which is doubtful, will just provide and opportunity.

    This is the real thing. One you get out the map and really research the lines - this is a killer.

    Also. the current results need to be put into context:

    Brilliant Prospect Shines - Exceptional Results Continue:

    52m at 5.449 g/t:

    http://sa.iguana2.com/cache/f52497e3ddb703...-SHA-335643.pdf


    Sydney - Monday - September 25: (RWE Australian Business News) -
    Exploration by Shannon Resources Ltd (SHA) has started with the drilling
    of the Brilliant Prospect located on the interpreted Town Dam shear
    system 500 metres west of the Scottish Lass mine workings.
    Drilling angled holes to the south on a 20 metre north-south
    grid has produced exceptional gold intersections - including 54m @
    2.88g/t gold - likely to develop quickly into a producing gold mine.
    Two north-south trending sub-vertical dolerite rock units within
    a basalt ultramafic rock sequence hosts the gold in shallow dipping
    quartz-sulphide shoots plunging to the north.
    Thick zones of gold mineralisation of up to 50 metres have been
    identified on an Eastern line with similar geology and grades occurring
    on a Western line.
    The two lines of the gold mineralisation are approximately 120
    metres apart and the structures are still open to the north and south.
    The rock sequence is deeply weathered and evidence of oxidation occurs
    to a depth of 80 metres in places above a highly gold-mineralised
    primary zone.
    Strong gold intersections in the oxidised zones occur on both
    the Eastern and Western line.





 
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