UMC 0.00% $1.30 united minerals corporation nl

umc management - mt robinson 700mt lie

  1. 6,111 Posts.
    Priority Assay results from the July Drilling Campain never released.

    Reading what was reported, you would be expecting some results in the future. "most significant results to date"

    Was it a Lie by Management
    Was it used for the Pump & Dumps

    IMO Management need to explain to all it's shareholders what happened to the results as well as providing these results for future reference. shareholder fleecing at work here IMO.


    Quarterly Report 29 July 2009

    "Visual inspection has identified significant and widespread detrital iron mineralisation up to 50m thick below 30 to 40 m of surficial cover."

    No assays so was this all just a lie... A please explain should be issued by the management IMO. They had released the results for far less so why not these.


    MT ROBINSON E47/1432
    This area was the last drilled in the program but has given the most significant results to date. Seventeen holes for 1550m (out of a planned 24 hole program) have been completed on the eastern margin of the tenement area (see Figure 8). Two north south lines have been drilled 400m apart with holes spaced 160 m apart.

    Visual inspection has identified significant and widespread detrital iron mineralisation up to 50m thick below 30 to 40 m of surficial cover. The mineralisation is iron rich erosional material likely to be derived from the extensive outcropping Marra Mamba southern flank mineralisation on the adjacent BHPB Area C Mining Lease.

    The drilling has established that the Mt Robinson lease area is very prospective, with a 5.5km long by 1.5km wide target zone now identified as a priority target for further drill testing.

    As the holes have only recently been drilled no assays are yet available but the samples are being given assay priority.
 
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