21.12.2009 - Results of Step-out drilling
21 December 2009
Metals Exploration Plc today announces the assay results for three holes drilled outside the current resource boundary of its 1.5 million ounces of gold and 25.4 million pounds of molybdenum Runruno gold-molybdenum project.
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Three diamond drill-holes drilled 700m south east of the most southerly known mineralisation of the Runruno gold-molybdenum deposit
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Gold and high grade molybdenum mineralised intersections identified
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Style of mineralisation directly analogous to the Runruno deposit
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Mineralisation closely related to a north striking fault structure running parallel 300m to 400m east of the Mallilibeg fault which is directly related to the Runruno deposit
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This fault structure has been traced to continue over 2,000m north of the three holes reported
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Further drilling to test this zone to be completed in 2010
To read the full announcement please visit the Company News area.