AXT 0.00% 1.4¢ argo exploration limited

Drilling at Oak Dam South to start in 2.5 to 3 weeks by...

  1. 959 Posts.
    Drilling at Oak Dam South to start in 2.5 to 3 weeks by Xstrata.

    After Oak Dam South, Winjabbie East will be drilled.

    Preparations are underway to undertake a soil sampling program at Toondulya in previously defined areas of gold-in-calcrete anomalism.

    Pantheon drilling should start in a few weeks where "success with the KF#1H well may be expected to add significant material value to Argo's shareholders".

    Pantheon investment worth ~$3.5M, $1.4M in the bank and a MC of $9.9M...I think this is starting to look as good as it's ever looked.

    So not long now until the long awaited Xstrata drill, which will hopefully prove up more of the goodies that previous drilling has hit...such as:

    "Hole IHAD5

    The weighted average of the intercept from 392-399 metres depth was 5.76 metres @ 1.67% copper, 18.5g/t silver, 495g/t cobalt and 2,387g/t zinc."

    As posted by giz at the start of the thread!

    Anything close to these results will take us somewhere special with only 82.8M shares on issue.

 
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