massive announcement 195m at 4.2gt gold eq

Also 50m at 8 g/t gold eq....

Hodges Deals into Major Molybdenum Project
• Option to earn a 90% interest in a major Molybdenum
project situated in Victoria.
• Historic production from widespread Mo mineralisation
associated with a granite/porphyry complex.
• Large widths of high grade mineralisation reported from
historic drilling. Results include;
195m @ 0.07% Mo, 50m @ 0.15% Mo, 30.5m @ 0.11% Mo
• Extensive adjacent geochemical anomaly to be tested.

Note: 166 ppm Mo = 1g/t AuEq based upon spot prices for gold US$650/oz and molyoxide US$32.50/lb.