short term trading week starting - 28th apr, page-7

  1. 1,617 Posts.
    STT Entry

    FA - MNE Mining Group Limited
    Copper in Chile.

    MCAP: $10.5m and Cash on hand (as at 3 april 2014) ~$2.67 million

    About to receive first revenue for high grade copper ore that has been mined.

    From the link;
    Mining group’s key focus is on the El Roble Copper Project
    Proven high grade Copper at surface
    n IOCG style copper/gold veins with up to 30% copper
    n historic mining (1800’s)
    n 9% copper cut off grade to 500m depth
    Multiple Mineralised veins
    n Multiple continuously mineralised veins 0.5m to 15m in width
    n Mineralisation traceable over 6 kilometre strike length
    n Over 30 veins mapped, cumulating over 30km of
    prospective strike exposed


    Link provided by Mackyinoz on the MNE thread; http://www.mininggroup.net.au/images/announcements/MNE_A4_Fact_Sheet_CRU_World_Copper_Conference.pdf
 
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