The richest Moly mine in the world is Henderson which has 160Mt @ .35% MoS2 from 1000m below surface.
Kalman early driling has seen: 73m @ 0.62% MoS2 Eq 329m @ 0.31% MoS2 Eq
and mineralisation starts within 20 metres of surface
The last results out after the close yesty include: 43m @ 0.27% MoS2 from 200m in K-56 53m @ 0.61% MoS2 from 255m in K-58 16m @ 0.31% MoS2 from 191m in K-59 24m @ 0.24% MoS2 from 239m in K-61
Anything above .2% MoS2 is awesome really.
Compare to Moly Mines MOL grades: .061% Mo. Yes, there's a zero in there.....
KMN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
