Huntleys' Stock of the Week |
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Malachite Resources to Commence Drilling at Delungra Monday September 7, 2009, 10:37 am Original Announcement: Drilling to Commence at Delungra Malachite Resources advised that, following the success of its recent Share Purchase Plan, which raised $933,000, an RC percussion drilling program is scheduled to commence next week at the Standon Tin Prospect, which is located within the company's Delungra exploration licence (EL7011) in northern NSW. It is proposed to drill a total of about 1500m in two lines of multiple holes stretched across the main part of the anomaly, testing the bedrock to a depth of 50m. The drilling should take about two weeks and the results are expected to be available by late October.More information about MAR.AX |
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