Bullboard - Stock Discussion Forum Meritus Minerals Ltd New MERMF

Metals & Mining Industrial Metals & Minerals

"Meritus Minerals Ltd acquires, explores and develops mineral properties in Mongolia and Australia with a commodity focus on gold and base-metals."

Add To Watchlist

GREY:MERMF - Post Discussion

Meritus Minerals Ltd New > News-Drilling soon

View:

Post by resourcehorse on Nov 02, 2011 5:02pm

News-Drilling soon

Meritus samples up to 2,550 ppb Au at Toordogiin Hyar

2011-11-02 10:14 PT - NewsRelease

Mr. Terence Bates reports

MERITUS MINERALS ANNOUNCES DIAMOND DRILLING PROPOSED AT THREE AREAS AT GUTAINDAVAA, MONGOLIA

At Toordogiin Hyar soil sampling has defined an anomalous zone over 300metres long with a peak soil value of 2,550 ppb gold (Au). The zone coincideswith numerous high-grade oxidized vein quartz/sulphide float and alteredlimonitic granite float which have returned gold assays up to 542 grams pertonne (g/t) Au (previously reported). Sites for four diamond drill holes havebeen prepared to carry out initial testing of this high-quality target.

427