Hanlong is on a spending spree... now how about these results from MBK is arvo, at their Spinifex Ridge East tenement. This is next door to the MOL's tenement and proves there is a lot left in the 'ol boy yet!!!
Norms Find provides high grade results: - 12% to 26% Copper - 10.7 ppm Molybdenum - 7.1g/t Gold - 478 ppm Silver Other returned anomalous values: - Copper 300ppm to 2780ppm - Molybdenum 7.8ppm to 10ppm - Gold trends between 20-30ppb, plus a 94ppb sample
40% up to 61% Fe mineralisation from several rock samples
Not bad for the future of MOL to add to their huge multi-element resource.
E
MOL Price at posting:
68.0¢ Sentiment: Buy Disclosure: Held