MEG
So just an update of the FIRST initial drilling results received from their Babicho prospect.
https://hotcopper.com.au/posts/53052198/single
This is a very interesting start for the Babicho project and the fact they have hit mineralisation in their first go is pretty amazing considering there really has been no real previous drilling.
11m @ 0.81g/t Au (inc. 4.1m @ 1.97g/t Au) from BBDD001(from 98m), underneath Megado trench BBTR001 that ran 11.1m @ 3.21g/t Au
They are happy to warrant further drilling here
The real prospect that the coming is very excited about in my opinion is the the upcoming drilling results at Chakata over the coming weeks where considering they have sourced a second drill over there.
~$10m market cap
~$4m cash
share price less than IPO
excellent- incountry management team who have found it before
and now they have found mineralisation on their FIRST attempt at drilling.
That's success in my opinion
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MEGSo just an update of the FIRST initial drilling results...
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