So mko now hold 5000000 shares in :- Intermin Resources Limited...

So mko now hold 5000000 shares in :-
Intermin Resources Limited (ASX: IRC)
And with drilling under-way, some good results could see the value of the deal jump.
DRILLING COMMENCED AT TEAL AND MENZIES GOLD PROJECTS
HIGHLIGHTS - TEAL
Reverse circulation drilling commenced at Intermin’s advanced Teal project
A total of 9 holes planned for 904m to provide metallurgical samples for
confirmatory test work on the oxide, transitional and primary mineralisation within
and below the DMP approved Stage 1 oxide pit
Potential to increase the size of the Teal pit (Stage 2) by including transitional and
primary mineralisation located directly below the Stage 1 pit design
The new drilling within the Stage 1 pit design will also provide increased data density
and improve geological confidence
Results will be used to finalise optimisation work ahead of an updated mine
development plan for Stage 1 and assess economics for a potential Stage 2
development.
HIGHLIGHTS - MENZIES
10 holes planned for 1,300m at the Selkirk prospect to follow up very high grade
intercepts at Selkirk (3m at 88.6g/t from 84m, 1m at 15.4g/t from 34m and 1m at
16.4g/t from 50m)1
Potential to define high grade mineralisation immediately adjacent to the Selkirk
open pit over 100m in strike length
Potential for the compilation of a maiden Mineral Resource estimate
4 holes for 240m will be completed at Aspacia following review of the historic
production reports and high grade intercepts reported in the 1990s
Results expected in the June Quarter.