MEP 0.00% 13.0¢ minotaur exploration ltd

These two holes are just pathfinders to see if the conductors...

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  1. 3,349 Posts.
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    These two holes are just pathfinders to see if the conductors contain the right stuff. The one hole that intersected all three parallel conductors showed that they all do indeed contain chalcopyrite.

    Conductor J2 had the best hit with 4.4m and 7.2m with average chalcopyrite >10% which could equate to anything over 4% copper over a total 11.6m interval.

    This has me excited because MEP have no idea where the best areas are as the two holes were drilled to just test 4kms of EM anomalies. Down hole EM over the next few days will help them find where they should concentrate further drilling. Keeping the rig there basically says they're excited by the find and more than likely the best is yet to come - all three conductors open in all directions!

    Looking forward to the next announcement showing down hole EM targets for the next set of drilling.

    I'm buying, worth the punt from here!
    Last edited by Seth Davis: 23/10/17
 
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