MYG 0.00% 4.6¢ mutiny gold limited

gold mining journal february 2008 article...

  1. 25,108 Posts.
    For anyone that has not read this MYG article from the 'Gold Mining Journal' yet, here it is.

    Also, please note that MYG has been rated 12th best Explorer of the Year by the Gold Mining Journal.


    Source: Gold Mining Journal

    Mutiny Advancing Work on Two Fronts

    Diversified resources company Mutiny Gold Ltd is rapidly moving forward with development of its two Australian projects - the Cassilis gold project in Victoria and the Secret Creek copper-gold project in Western Australia.

    Mutiny expects results from exploration activities from both projects to be released in the next two months.

    The company continues to meet its strategic milestones at Cassilis on time, with the completion of the 50m drill drive in the hanging wall of the Cassilis reef at the end of the Shamrock Adit. The 3.5m by 3.5m drill drive has been developed to aid the definition of the Cassilis reef at depth.

    This is the first suite of drill holes to target the historic reef below the level where mining ceased in 1916. The first drill hole of a 12-hole programme began in December, with first assay results due by the end of 2007.

    Recent target drilling into the Cassilis from the Shamrock Adit recorded excellent grades of up to 22 g/t gold and this programme was expected to extend that discovery.

    Further work was also planned at the Donnelly's copper-gold prospect, which was a focal point of the Secret Creek project.

    Managing director John Greeve said the company was extremely encouraged with the recent exploration at Donnelly's, recording chip samples of up to 26% copper and an apparent mineralised zone in excess of 1,500m in length.

    "The company is setting out to drill Donnelly's in the New Year and is continuing its systematic exploration approach," Greeve said.

    "We are doing this in a manner which enables the momentum at Cassilis to be maintained."


    Cheers, Pie :-)
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