Manroy Share Discussion Threads

[sawbones] 31/7/2007 23:59

Magna Mining NL has been approached by third parties expressing an interest in the
Exclusive Prospecting Licenses 2699 and 2700.


BADJA URANIUM PROJECT – WESTERN AUSTRALIA E59/1249 (100%)
The Badja Project area covers a potential uranium drainage channel approximately
30 km in length. It has been interpreted from an airborne radiometric survey sourced
from Geoscience Australia as the Cue-Kirkalocka survey of 2004 (Survey P1060).
This shows an elevated, coherent uranium response, with four areas of elevated
responses covered by E59/1249. In March 2007, ground radiometric and MMI soil
sampling surveys were conducted to test the four anomalous areas. The ground
spectrometer survey measurements, were taken at 50m intervals along north-south
lines 400m apart and MMI soil sampling at 400m spacings along the north south
lines.
Southern Geoscience Consultants were contracted to evaluate the ground
radiometric survey. The report states that the ground radiometric survey confirms the
location of airborne radiometric responses and that the areal extent of elevated
uranium levels is similar to the Yeelirrie deposit, the world's largest calcrete
associated uranium deposit.
MMI Technology was contracted to employ their Mobile Metal Ion technique (MMI)
for analysis of soil samples taken from the four defined radiometric anomalies
(Targets 1, 2, 3 & 4). Of the four targeted areas, Targets 3 & 4 show the greatest soil anomalies and potential for uranium. Target area 3 has a uranium anomaly open to the south and Target 4 anomaly open to the east. Target area 4 has the highest MMIuranium soil anomalies up to 2300ppb, with a large area (4Km2) of coherent open uranium soil anomalies above 1000ppb. Target area 3 has a similarly anomalous area in excess of 1km2 and is open to the south. These two target areas may coalesce with further testing.
To further test these anomalous targets a reconnaissance drilling program has been planned and is scheduled to commence soon.

PROJECT GENERATION
The Company continues to evaluate and consider new business opportunities in
Australia and South-West Africa

[sawbones] 31/7/2007 23:51

Looks interesting re the Skeleton coast statement- wonder if a deal is imminent......

[knowing] 25/7/2007 20:28

Wonder where it will end tomorrow.

[sawbones] 25/7/2007 10:02

Life is a one-way street. No matter how many detours you take, none of them leads back.

[megsta] 25/7/2007 09:12

..hope springs eternal :o)

[sawbones] 25/7/2007 07:27

The Germans are very interested in this stock apparently and if the U is feasible we may yet see a return of our cash...

[sawbones] 25/7/2007 07:26

Who knows? At least its in Oz and not in Corruptsville,Jiggaboongolia!

[fludde] 25/7/2007 07:25

Only if the share price rises on the back of the " we might find something" news!

I am beginning to think I am more likely to find King Johns treasure with metal detector than Magna finding anything in commercial quantity!

Are we still in with a shout at Namibia for Uranium exploration licences?

[knowing] 25/7/2007 07:22

Are we going to get some profit now.

[bakedbean] 25/7/2007 07:14

thanks sawbones..

[sawbones] 29/6/2007 15:37

yet more news and a bounce back!

[sawbones] 28/6/2007 06:57

more news - bad effect on share price though

[knowing] 26/6/2007 22:03

Thanks for that.

[shaz247] 25/6/2007 12:24

Anyone seen the news release this morning regarding Uranium License in Namibia...

Seems like the "German" story i posted here a few days ago has some substance to it... Very interesting...

[sawbones] 23/6/2007 16:14

That makes as much sense to me as Swahili, but thanks for the info.

[bakedbean] 23/6/2007 16:06

thanks shaz.