MNB 5.48% 6.9¢ minbos resources limited

Ann: Drilling at Ambato Complete, page-8

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  1. 346 Posts.
    lightbulb Created with Sketch. 43
    Yeah, ordinary results. Hole 006 was a nice hit but other than that, the intercepts are likely too small for an economical project. Hence, not sending them for assays. Which is the more cost effective decision.

    They are currently planning airborne geophysics to assess future drill targets, and if they can find more targets in the Ankazohambo prospect, may reconsidering sending in cores from this drilling phase for assays.

    If not, as others said; this is only one of seven targets. Still plenty of cash and some of the grades were encouraging. Happy to hold.

    dyor
 
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