Tue 28 Oct 2008
Shares in Irish mining company Ormonde advanced after it reported 'very encouraging results' from the first infill cross section at its Barruecopardo Tungsten Project in Salamanca, Spain.
The group, which completed drilling at the project's first infill cross section, said high grades were revealed.
"This intersection has an estimated true thickness of 16 metres, and includes the highest individual one-metre sample grade recorded at the Project of 7.8% WO3," the company said in a statement.
Commenting on the drilling results, managing director Kerr Anderson added, "The infill drilling continues to impress us, with these new results including some truly spectacular tungsten grades."
Tuesday, October 28, 2008
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