MTB 0.00% 0.3¢ mount burgess mining nl

significant base metal intercepts

  1. 749 Posts.
    Mount Burgess has just announced further significant mineralization intercepts from its drill programme in Botswana. The current hole intersected mineralizn. at a depth of 21m which has continued through to 105m. Drilling is continuing.

    The previous hole was still in mineralization when it was terminated at 200m. Signifcant intercepts of zinc, lead and silver have been made in the past two weeks and anaysis of these is expected within a fortnight.

    Add in the diamond potential from Namibia (recent drills have produced a micro diamond and pyrope garnets) plus its royalty stream from WA gold interests commencing next year and the recent analyst's report valuing the stock at more than double its current share price begins to sound almost conservative.

    The next two weeks should be very interesting. Prospective investors might like to search MTB postings by Carl on this site for an excellent summary of MTB's potential. I hold.

    R/Gupper
 
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