Black Mountain Resources Limited (ASX: BMZ) – $0.039

22 Jul 2014

Black Mountain Resources has received high grade silver results from channel sampling at its New Departure Silver Mine in Montana. A total of 111 samples were taken from the Main Drive Incline and the Blue Dot Level (lowest level of the mine). Highlights include 422 ounces per tonne of silver over 1.9 metres, 137.9 ounces per tonne of silver over 0.5 metres and 19.0 ounces per tonne of silver over 2.5 metres.

A second round of underground sampling is planned in August to expand the known high grade zones and to move into production.

For further information, visit www.blackmountainresources.com.au

 

 

Resources Stocks To Watch is first in resources research on ASX micro to medium capital stocks. Find out what’s hot and what’s not in the resources sector.

Resources Sector Recent News Items

News Archives

News Categories