Good News.
But not the news i was hoping.
Still, its a pretty decent result.
Maximus moves closer to a Bird-in-Hand mine
10:01, Tuesday, 4 March 2008
Sydney - Tuesday - March 4: (RWE Aust Business News) - Maximus
Resources (ASX:MXR) has moved closer to a new mineable gold resource near
its Adelaide Hills mine, South Australia.
The BH-42 hole at the Bird-in-Hand has intersected a true width
of 10.5 metres at 400m depth and averaging 15.5 grams per tonne gold.
"The result implies the potential to increase the total gold
resource at Bird-in-Hand to the previously targeted 200,000 to 250,000
ounces of gold," managing director Kevin Wills said.
"We now have every confidence of commencing by mid year, a
pre-feasibility study into the development of a commercial gold mining
operation at Bird-in-Hand."
Included in the intersection were intervals of 2m at 28g/t from
380m and 3.2m at 38g/t from 385.9m.
This is the deepest hole so far and one of the widest mineralised
intervals.
This is indicative the lode may continue to increase in width
with depth.
ENDS
Copyright © 2008 RWE Australian Business News. All rights reserved.
Cheers markco2
- Forums
- ASX - By Stock
- MXR
- its alive....its alive....
its alive....its alive....
Featured News
Add MXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.986M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 37036 | 2.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.2¢ | 70000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37036 | 0.027 |
3 | 483479 | 0.026 |
4 | 225521 | 0.025 |
1 | 190000 | 0.024 |
1 | 43478 | 0.023 |
Price($) | Vol. | No. |
---|---|---|
0.032 | 70000 | 1 |
0.033 | 76000 | 1 |
0.034 | 45053 | 2 |
0.035 | 110881 | 3 |
0.036 | 92000 | 1 |
Last trade - 19.00pm 29/03/2024 (20 minute delay) ? |
Featured News
MXR (ASX) Chart |
Day chart unavailable