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DDD

10.0%

0.6¢ 3d resources limited

Some of the old historical workings were in ounces to the ton...

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stingemore

224 Posts.

23/01/17

23:20

Post #: 22090601

Originally posted by perthstocks ↑

From the day trading feed

STTCOMP DDD, TA Long

Reasons for Tipping:
-Huge volume spike late Friday afternoon as shown by the course of sales below. This resulted in the Vol/Avg Vol being >25
-Low cash burn of around 60k/quarter (I believe)
-Zinc price high. We have seen MLS do well last week
-Only need a pip to make 25%

Summary taken directly from Morningstar DatAnalysis Premium:

Column 1

1 Last Updated: 26/07/2016

2 3D Resources Limited (DDD) is a mineral exploration company targeting gold, nickel, copper, lead and zinc in Western Australia with "advanced projects"(Coal and manganese in Indonesia, Gold in Australia).Mount Angelo Porphyry Copper Prospect: The Mt Angelo Porphyry Copper Prospect (100% 3D Resources) captures mineralized zone occurs within a 1000 m long by 300 m wide soil geochemical anomaly. DDD has located mineralized quartz veins and breccia samples within the anomalous geochemical zone containing values up to 3.2% Cu, 5.5 g/t Ag and 68 ppm Mo.Mt Angelo North VMS copper -zinc - lead project zinc - lead project represents a Mining Lease (M80/247) within the Mt Angelo Exploration Licence. The supergene zone has produced an intercept of 16 m @ 11.48% Cu (drill hole MA-5) plus high silver values (up to 450 g/t Ag), while intercepts of 17 m @ 2.35% Cu and 2.02% Zn (MARC07), 13 m @ 4.29% Cu (DDHP3) and 4m @ 5.71% Cu and 3.85% Zn (MARC02) have been achieved in the primary zone.Koongie Park VMS 3D Resources' tenements cover a 50 kilometre strike length of the highly prospective Koongie Park Formation, extending northeast of the Onedin and Sandiego deposits. A resource of 2.4 Mt grading 5.3% Zn, 1.3% Cu, 0.5% Pb and 26.2 g/t Ag has been outlined at the Sandiego deposit and 2.3 Mt grading 4.9% Zn, 1.1% Cu, 1.0% Pb and 32.8 g/t Ag has been outlined at the Onedin deposit.Cosmo Newbery Project The project is located 95 km NE of Laverton, on the Laverton to Warburton road, in the eastern goldfields of Western Australia The Cosmo Newbery prospect consists of granted tenements and tenement applications covering a total area of 470 km2 and extending over a potential strike length of 45 km.Recorded production records from mines adjacent to the Cosmo Newbery Project area include 1360 tonnes @ 7.036 g/t from the Cosmo Mine, 120 tonnes @ 37 g/t from the Butterfly Mine and 60 tonnes @ 20.5 g/t from the Wanda Mine.Mt Padbury gold project Represents a 5 block Exploration Licence (E52/1651), located approximately 120 km north of Meekatharra in the Peak Hill GoldfieldMt Agnes Cu -Au project Located 20 km north of Glen Florrie Homestead and 80 km east of the West Coastal Highway in the Ashburton Mineral Field. Mt Agnes area has confirmed the presence of average Cu values of 0.33% and gold values of 0.78 g/t Au.

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Some of the old historical workings were in ounces to the ton not grams to the ton!

DDD Price at posting: 0.6¢ Sentiment: Buy Disclosure: Held

5 Upvote

0 Great analysis

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Some of the old historical workings were in ounces to the ton...

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History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

Titan raises $20M to 'get cracking' at Ecuadorian Dynasty silver-gold project

NewPeak's energy transition hits new frontier with QLD vanadium foray

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

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