HDG 0.00% 1.0¢ hodges resources limited

massive announcement 195m at 4.2gt gold eq

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    Also 50m at 8 g/t gold eq....

    Hodges Deals into Major Molybdenum Project
    • Option to earn a 90% interest in a major Molybdenum
    project situated in Victoria.
    • Historic production from widespread Mo mineralisation
    associated with a granite/porphyry complex.
    • Large widths of high grade mineralisation reported from
    historic drilling. Results include;
    195m @ 0.07% Mo, 50m @ 0.15% Mo, 30.5m @ 0.11% Mo
    • Extensive adjacent geochemical anomaly to be tested.

    Note: 166 ppm Mo = 1g/t AuEq based upon spot prices for gold US$650/oz and molyoxide US$32.50/lb.
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