GXM - News - High grade
in response to
by
posted on
Oct 30, 2007 05:59AM
Advanced tungsten - molybdenum - copper resources.
The new east zone returns 85.5 metres of 0.305% Mo and 0.08% WO3 - the highest grade yet for Mo. Over 251.3 metres the Mo grade is 0.120% and WO3 0.073%.
Given that 0.05% Mo is probably ore grade these assays are extremely high.
Only 1 hole reported with another 11 to come. This could add significantly to tonnage as well as grade.
How many more of these new zones are yet to be found. Geophysical and geochemical surveys suggest several more targets have yet to be trenched or drill tested. These guys are going to have a hard time to find barren ground on which to build the mill and tailings ponds - a very nice problem to have.