Antofagasta PLC Market cap 7.76bn GBP (per ft.com)
Thursday 27 March, 2014 MOX ASX RELEASE Gravity survey identifies significant anomaly on Monax’s Parndana project......
Monax is planning to undertake an Induced Polarisation (IP) survey across the anomaly to determine if there is an associated co-incident chargeability anomaly. A successful result will give the company a high degree of confidence to drill test the target. The gravity data improves the prospectivity of the area in that many large stratiform silver-leadzinc deposits are intimately linked to large regional structures and the structures are considered to play important roles in the formation of these deposits.
Zinc, lead and silver mineralisation was discovered on Kangaroo Island in the 1890’s, but mining was only small scale. Monax acquired the Bonaventura prospect from Havilah Resources prior to the Company listing on the ASX in 2005.
Bonaventure, or the Latin original form Bonaventura, means "good fortune"
Genesis 2:11 the name of the one [is] Pison, it [is] that which is surrounding the whole land of the Havilah where the gold [is], - Youngs Literal Bible
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