Hillside is about 60km from Melton as the crow flies. Mox/Meu has a lease South of Hillside as well(no work yet) abutting Hillside and North abutting REX lease at White Cliffs. Rex in a Sept 2008 Activity report state that the exciting part of their leases could be at White Cliffs (no work to date). I think that Mox and Rex either by accident or plan are helping each other out at the present time by testing the Southern and Northern end of the PPCB * Pine Point Copper Belt. Rex is concentrating on the Southern end of *PPCB and to the North Mox is covering this area. The *PPCB start on the Mox lease and heads North past Hillside and boarders at White Cliffs to Mox's Melton lease some 80km. About 30km West of Melton is an interesting place called Kadina , Wallaroo and Moonta Copper Mines where in 1859 a Copper Strike of gigantic proportions was located. With the sophisticated methods applied now Mox/Meu are doing their homework on the magnetic zones and gravity zones and you can bet that copper will be intersected once drilling begins and it is only a matter of what grades and how much.The long wait may have been worth it and is starting to blossom into an exciting prospect now. Mox /Meu have had the Melton lease for over 5 years now and have only sped things up due to REX IMHO.
MOX Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held