Rex Minerals (RXM) also released some assay results yesterday...

Rex Minerals (RXM) also released some assay results yesterday from their regional exploration on the Yorke Peninsula.

The best hole out of three at their highest ranked prospect named Equis (NB Hillside ranks sixth based on gravity and magnetic anomolies) intersected 3M @ 1.0% copper.

Marmota / Monax's eighth and best hole on the Miranda prospect intersected 9M @ 1.0% copper.

The Rex Minerals MD, Steve Olsen, noted that, "It typically takes a number of drilling programs before large scale high grade copper is discovered in a new prospect, and these results are typical from what you would expect to find near a large copper deposit."

It was the sixth drill hole at Hillside that intersected thick zones of copper with greater than 0.5% copper and then the eighteenth drill hole before thick sections with greater than 1% copper were intersected.

So Miranda is more advanced than Hillside at this stage of drilling.