re: News: Minotaur commence drilling at Clonc...
MEP are working hard at keeping the news flowing and not the SHs wondering what is happenining. Tony B stated that in the Cormorant region around Cloncurry instead of the drilling pattern being from west to east the direction of drilling will now be changed to drilling from east to west. Toy B sounde very confidant that this change would enable them to intersect the copper halo that they have previously identified. The drilling programme will consist of 5 holes for a total of 2000m, drilling started at the weekend. Tony also refered back to the 14th July report from Andrew W which was previously noted by miningnut.
After the drilling has finished at Cormorant the rig will move onto Cotswold to drill 2 holes into the identified magnetic annomoly.
All continuing to look and sound good and just another reason to wonder why the SP is so low.
kippax
MEP Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held