Once again Haoma Mining located just north of gondwana's marble bar tenement in the Pilbara,has announced a minor rock sampling ( only 4)and the stock is going off again, last time it was only 6 rock chip samples I think. On re opening, the sp has gone up 4.5c to 25c, unbelievable.
I can't see why ? (I don't own any Haoma) but the indications for the GDA tenement are might be pretty good ?
I am having trouble finding anything out about the GDA tenement which is about 10 or 20km to the south of the Haoma tenement. It is worth finding out more about. Can anyone assist?
I'd love to know more about what we have at Marble Bar if the price reaction to what Haoma is scratching up with a few Fe rocks is an indicator!
The Haoma announcement just now.......
February 8, 2008
Company Announcements Office
Australian Stock Exchange
Level 45, Rialto South Tower
525 Collins Street
MELBOURNE VIC. 3000
Dear Sir,
Iron (Fe) and Manganese (Mn) Rock Chip Samples in North Pole Region (M45/665)
8kms from E45/2532 near Haoma’s Normay Mine
Haoma Mining has received the preliminary assay results of 4 rock chip samples collected in late
January, 2007 from the south-east area in and near tenement M45/665 in the company’s North Pole
Region.
The area is approximately 8km from samples collected on E45/2532 the results of which were
reported in Haoma’s December 2007 Activities Report (See Section 3.1 and Table 2).
The latest assay results included significant iron and manganese results shown in the table below:
Fe % Mn %
Sample 1 29.7 29.50
Sample 2 57.3 3.79
Sample 3 50.3 3.68
Sample 4 57.7 0.19
The results are presently being processed and complete details, including sample positions, will be
released as soon as available.
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