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MUSTANG MINERALS CORP V.MUM

"Mustang Minerals Corp is a mineral exploration company. The Company is engaged in the business of exploring and developing base and precious metal mineral properties."


TSXV:MUM - Post by User

Bullboard Posts
Post by bugbeeon Apr 12, 2011 2:49am
468 Views
Post# 18417431

Wider Zone of 120+ feet ~ 3gms Pt+Pd

Wider Zone of 120+ feet ~ 3gms Pt+PdIn a further review of the known drill assays, i.e. April 6 News Release, the 30 feet of ~ 10 gms Pt+Pd is great, however, what grabs my attention is the "wider zone" exceeding 120 feet assaying approx 3 grams Platinum and Palladium.  To put this into perspective, for several years during the previous decade, North American Palladium mined and milled this head grade and the operation was able to achieve several quarters of robust profitability.  In making this comparison, it becomes clear the importance of the assays from the Mustang drilling campaign which is currently at the lab.  Further similar drill numbers could significantly "sweeten" the current 10 million ton Mayville Copper-Nickel-Palladium resource.
The Mayville Complex mineralized system is beginning to demonstrate a high tonnage of Copper-Nickel ores with layered zones of higher grade Platinum Group Metals. 
Further exploration of this area should prove to be interesting and exciting.

Bugbee       
Bullboard Posts