Silver is what attracted me to this stock!
Great drilling results 5m at 21 ounces silver a tonne, plenty of drilling to come.
Silver is HOT right now look at AYN CCU SVL, the share price has appreciated considerably recently.
Ree and Lithium is nice but this is a precious metals play and the funds were raised for this purpose. Maybe they shoud spin out the REE assets into another entity while the going is good.
Mt Clement is located 35km from the operating Paulsens Gold mine.
Results from ARMCRC001 include;
6.0m @ 5.23g/t Au between 14m and 20m downhole depth.
6.0m @ 8.81g/t Au between 106m and 112m downhole depth
5.0m @ 2.80% Copper between 106m and 111m downhole depth.
5.0m @ 656g/t silver (21 ounces per tonne) also between 106m and 111m downhole depth. (This is 9.30g/t gold equivalent value).
((Taken from ASX announcements dated 9 and 13 August))
In hole ARMCRC007
20.0m @ 7.32g/t gold, 395g/t silver and 0.78% copper from 86m depth.
(From ASX anouncement 30 August)
David Price, executive general manager. said the drilling programme at Mount Clement is exceeding expectations, with the latest high-grade results showing quite extraordinary values."
Cheers,
DYOR
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