MMB 0.00% 65.0¢ magma metals limited

thick pge zone extended

  1. 369 Posts.
    31st October 2007 ASX Announcement ASX: MMB
    THICK PGE ZONE EXTENDED BY FURTHER DRILLING RESULTS FROM THUNDER BAY NORTH
    KEY POINTS

    Assay results have been received for the three remaining holes drilled in the northern part of the Current Lake magnetic anomaly. These holes intersected a thick near-surface zone of PGE mineralisation, with similar excellent results to the first three holes, including 36.8m @ 1.54g/t Pt+Pd+Au, 0.20% Cu & 0.19% Ni from 3.7m, including 8.8m @ 4.72g/t Pt+Pd+Au, 0.57% Cu & 0.31% Ni.

    As before, high-grade intercepts were associated with massive-sulphide veins including: 0.25m @ 22.30g/t Pt+Pd+Au, 1.79% Cu & 0.68% Ni.

    Mineralisation has been defined over a strike length of approximately 40m and is open along strike to the north and south within the 1.5km-long Current Lake magnetic anomaly.
 
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