The ann below is from July....compare it with today's.....there will be plenty of news coming from this one IMHO.... Can't wait for the Silver and Copper results....:))
31st July, 2006 Fourth Quarter Activities and Cashflow Report
„h Importantly, hole HC06RC39 is not included in this new resource estimate. This exploration hole intersected a spectacular zone of massive sulphide mineralisation from 53 metres depth with 28m@ 4,350 g/t silver, 0.71g/t gold, and 5.9 %copper.
„h A high grade gold intersection is reported from the V2 prospect area with 11m @ 27.6 g/t gold, 188 g/t silver and 2.01% copper in hole HC06RC53 from 121m depth. This is within a zone of 46m @ 9.11 g/t gold, 68g/t silver and 1.08% copper from 86 m depth. This hole stopped in mineralisation of 38.8 g/t gold, 223 g/t silver and 4.29% copper after running out of drill rods at 132mdepth.
„h Priority will be immediate commencement of a further 10,000m reverse circulation and diamond drilling to extend the resource, with completion expected in the next quarter.
http://www.conquestmining.com.au/news.php?type=1
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held