Modified version of what I posted elsewhere.......
Giralia's little brothers have been busy of late:
Pacmag (GIR - 10.4%)
Today's PMH announcement came out of left field. GIR and PMH have Blue Rose down as a copper/gold/moly prospect. PMH is the operator. Seems that the work done by Royal Resources next door got PMH to check out the magnetite potential, with apparent positive results. GIR own 10.4% of PMH, in addition to their direct 49% interest in Blue Rose.
As well as the news about Blue Rose mentioned above, PMH this week also announced a new gold project in Nevada, only 40km from the world famous Comstock mine (8.4 mil oz gold and 192 mil oz silver).
Carpentaria Exploration (GIR - 10.4%)
Carpenteria Exploration today announced a 2.5-4.5 billion magnetite target, just along from Blue Rose. All very conceptual, and low grade, so I'm happy for this project to sit on CAP's books rather than Giralia's.
Zinc Company of Australia (Giralia - 12%)
Zinc Company of Australia today announced the acquisition of the Mt Alexander tenement from Vital Metals for a song. With Mike Joyce being a director of Zinc Co, it isn't surprising they picked up the tenement for its iron ore potential.
GIR Price at posting:
$1.13 Sentiment: LT Buy Disclosure: Held