We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Murchison Utd | LSE:MUU | London | Ordinary Share | AU000000FTE4 | NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
MURCHISON UNITED NL ACN 009 087 852 ASX CODE: MUR, AIM CODE: MUU Telephone: +618 9322 4071, Fax: +618 9322 4073 ASX, AIM and Media Release 30 October 2007 Drilling Update at Maroochydore Copper JV * First 7 RC drill holes completed, with remaining 6 holes to be drilled once larger capacity rig becomes available. * Good copper intercepts from all 7 holes, including 7m @ 2.45% Cu. * Assay results in line with expectations for this infill drilling of the existing JORC resource of 51Mt @ 1% Cu and 0.04% Co. * 6 hole diamond drilling program planned to provide further infill drilling of the JORC resource and obtain metallurgical test samples. Murchison United NL (ASX: MUR, AIM: MUU) is pleased to announce results of recent drilling at the Maroochydore Copper Joint Venture Project in Western Australia undertaken by the project operator, Aditya Birla Minerals Limited (ASX: ABY). The assay results are from the first 7 vertical drill holes of a planned program comprising 13 RC drill holes for a total of 1,500 metres. This program is designed in part to provide infill drilling of the existing JORC compliant resource at the Maroochydore Project of 51 million tonnes @ 1% Cu for 0.51 million tonnes of contained copper and 20,000 tonnes contained cobalt (at 0.5% Cu cut-off). All RC holes are being drilled within the existing resource boundary. The results received positively demonstrate continuity of mineralisation within the small area drilled, with copper grades in line with expectations. Significant intercepts were returned from all holes as shown below: Hole ID Easting Northing From (m) To (m) Width (m) Cu Co (%) (ppm) MRC0084 9499.8 49550 64 86 22* 0.90 493 MRC0085 9800 49448.5 43 98 55* 0.42 198 MRC0086 9500 49448.5 59 86 27* 1.24 436 MRC0087 9550 49448.5 69 95 26* 1.44 614 MRC0088 9700 49448.5 45 49 4 1.80 157 MRC0088 67 70 3* 0.89 110 MRC0089 9600 49548.5 63 68 5* 0.63 629 MRC0089 77 84 7* 2.45 99 MRC0090 9650 49550 62 75 13* 0.84 484 Notes: Intersections reported above a nominal 0.4%Cu cutoff. * denotes wet samples contained within interval The sampling interval was 1m down hole with samples analysed by ALS Chemex in Perth using ICP OES. Water inflow problems encountered resulted in some wet samples being taken from each hole. These samples were spear sampled while the dry samples were riffle split. It was not possible to complete the planned drilling program at this time due to the limited availability of the drill rig. Furthermore, as a result of drilling difficulties encountered due to water inflow, it has been decided to complete the remaining 6 holes using a larger capacity RC drill rig when one becomes available. A six-hole diamond drilling program has also been planned for further infill drilling and to obtain samples for metallurgical test work. The timing of this program is also dependent on rig availability. Information on future drilling activities at Maroochydore will be released to the market when it becomes available. The Maroochydore Copper Project is strategically located 100km southeast of Aditya Birla's Nifty Copper Mine, near Telfer, in the Pilbara Region of Western Australia. Murchison United NL is an Australian-based no liability company whose principal activity is minerals exploration. The company currently has uranium exploration projects in Mauritania and Guinea in West Africa and copper interests in the Millennium copper leases in Cloncurry, Queensland and the Maroochydore copper project in Western Australia. Shares in the company are listed on both the Australian Stock Exchange (ASX - MUR) and the Alternative Investment Market (AIM - MUU) of the London Stock Exchange. Please call Mark Reilly with any queries. .......... Mark Reilly Managing Director Murchison's Nominated Advisor for the AIM market is RFC Corporate Finance Ltd. Contact: Stuart Laing, Ph: +618 9480 2506 The information on Mineral Resources for the Maroochydore project has been reproduced from the public reporting on the project's Mineral Resource's by the project operator, Aditya Birla Minerals Ltd (ASX: ABY). This reported Mineral Resource was signed off for Aditya Birla Minerals Ltd by Mr Ian Glacken of Snowden Mining Industry Consultants. The information in this announcement that relates to exploration results is based on information supplied by the project operator, Aditya Birla Minerals Ltd (ASX: ABY) through their Group Exploration Manager, Steve Oxenburgh MAusIMM, who is a full time employee of ABML and is a Competent Person as defined in the 2004 Edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserve'. Mr Oxenburgh consents to the inclusion in this report of the matters based on their information in the form and context in which it appears. Murchison United N.L
1 Year Murchison United Nl Chart |
1 Month Murchison United Nl Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions