Very agressive retail sellerGiven the 2022 DP culmination NR and subsequent release of assays / NR the 2023 DP NR could be days to weeks away.
It's not easy acquiring 100,000+ shares of MMG on the open market.
Whomever sold is attempting a last ditch effort to get in lower.
With all four drill holes being fully mineralised, extending 1,350m in depth selling shares at this stage seems bizarre.
Highlights
- Drilling totalled 4,530 meters in four resource expansion drill holes ranging from 965 meters in depth to 1,350 meters in hole LAP23-06, which is the deepest hole to date in the project.
- All four drill holes intersected porphyry style mineralization over their entire lengths with varying levels of visible copper sulphides and vein density.
- Drilling in 2023 has extended mineralization to more than 1.5 kilometers vertically starting at surface and is anticipated to allow for inclusion of both gold and platinum group elements in future mineral resource estimates along with copper and silver.