These results from Cadjebut Splay are really good due to the grade of the mineralisation. MII continue with their recent run of high grade intersections. Now MII will do a new mineral resource for Cadjebut Splay which should come out in February. That should give the market something more to look forward to. I understand from speaking to the company that they are going to continue drilling in the new year testing some new targets around the Kapok West mineral resource. That was good news to hear as i was previously told they would stop drilling once Cadjebut Splay was completed. Last year MII managed to drill through the wet season so hopefully they can this year as well. The more drilling, the more news we get and hopefully more good intersections. Quite a bit to look forward to early in 2011!
MII Price at posting:
12.7¢ Sentiment: None Disclosure: Held
