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Buchans Minerals Corporation V.BMC



TSXV:BMC - Post by User

Post by Original_Brailaon Sep 06, 2006 4:38pm
152 Views
Post# 11325629

From Sally Malay today

From Sally Malay todayThe Lanfranchi Joint Venture (Sally Malay 75% and Brilliant 25%) is now generating significant cashflow from sales of ore sourced from the high grade Helmut South footwall zone orebody via mechanised mining and ore from Lanfranchi orebody by air-leg. The joint venture is very excited about the exploration potential of the 50 square kilometres of tenements that make up the Lanfranchi/Tramways Project. Exploration activities have gathered pace with significant activity and expenditure budgeted to occur over the next 12 months. Northern Tramway Dome – EM Targets The recent Geoferret (ground EM) survey completed at Lanfranchi identified several conductors. The most promising of these (Plate F) is a moderate to high conductance conductor located approximately 200m below the surface, near the western tenement boundary. Drill testing this conductor will be completed as soon as possible, most likely in late September or early October.
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