1. Most Discussed
  2. Gainers & Losers
TIR 0.0¢

radio hill

  1. leonta

    91 Posts.

    Sydney - Monday - September 22: (RWE) - Fox Resources today
    announced diamond drillhole UGD148 intersected 25.4 metres at 4.36 per
    cent nickel-equivalent.
    The better-than-expected results, which came from an
    area 135 metres below the surface, included 15.2m at 4.54 per cent and
    8.86m at 4.71 per cent nickel-equivalent.
    The drilling was designed to test lateral and up-dip extensions
    to massive sulphide mineralisation.
    This area is only 8m from existing underground mine development.
    Fox said an additional hole, recently completed in this area to
    better define the massive sulphide mineralisation, had also been
    successful and would be released to the market in due course.
    The company is diamond-drilling underground at its Radio Hill
    mining and milling operations near Karratha, WA.
    The program which will continue through to October and is
    designed to intercept the projected lateral extensions to the Radio Hill
    orebody.
    In addition, the drilling is expected to better define massive
    nickel sulphide resources and unexploited stringer nickel sulphide
    resources.
    The aim is to prove up additional reserves and resources to be
    included in the mining development study.
    Fox is aiming to complete this bankable study by December 2003
    and expects production to commence by mid-2004.
    Shares in Fox last traded at 44.5c.

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.