Yes, I believe they're accumulating drill results with plans to publish a block model estimate when they have enough. All they got from releasing drill results before was lots of questions about what they meant. Other companies (e.g., PAX) release drill results all the time with no effect.
This smartinvestment.ca thread on best silver drill results indicates that MMG could have more silver potential than most silver miners:
smartinvestment.ca
Posted: Tue Mar 13, 2007 12:11 pm Post subject: Metalline Mining (MMG) has #1 by far
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Metalline Mining (MMG on the Amex) has one hole at Sierra Mojada that blows away all the others, with 99,000 gram-meters:
sec.edgar-online.com (page 3)
"One drill hole intersected mineralization with grades averaging 11 kilograms over a thickness of 9 meters"
They're usually thought of as just a zinc miner, with over 5 billion pounds of zinc, but they just announced this morning that they are initiating "an aggressive exploration program on the polymetallic (copper, silver, zinc, lead) mineral system at the Sierra Mojada project." They have 45+ formerly producing silver mines that only direct shipped very high-grade ore. They're extremely undervalued just based on their zinc, for which they're doing a feasibility study on their first deposit. If they can prove out their silver before getting bought out, the stock should get even much more valuation from that.
Here's much more on Metalline Mining: greatinvestments.blogspot.com
Posted: Mon Mar 12, 2007 11:22 am Post subject:
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Thanks Tiger,
I saw one in the reports that would make the list at #3. I'll definately do my dd on AXR.
updated list:
company project
MTB MB 5.18 m x 5258 g/ton = 27,236 gram-meters
MTB MB 8.53 m x 2260 g/ton = 19,278 gram-meters
AXR SK 15.2 m x 979 g/ton = 14,880 gram-meters
SBB HR 52.4 m x 279 g/ton = 14,630 gram-meters
IPT Zac 4.40 m x 2700 g/ton = 11,880 gram-meters
MMG SM 15.0 m x 767 g/ton = 11,505 gram-meters
MAG Juan. 6.35 m x 1798 g/ton = 11,417 gram-meters
MAG Juan. 8.05 m x 1347 g/ton = 10,843 gram-meters
SST Cop. 6.20 m x 1677 g/ton = 10,397 gram-meters
Posted: Fri Mar 09, 2007 8:16 pm Post subject: Best silver drill intercepts
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I thought it would be interesting to see the best silver drill results that people know of. Of course there are many other considerations but this can be a good starting point for dd. I am using gram-meters to consider both grade and width. Please add the best you know of to this thread.
company project
MTB MB 5.18 m x 5258 g/ton = 27,236 gram-meters
MTB MB 8.53 m x 2260 g/ton = 19,278 gram-meters
SBB HR 52.4 m x 279 g/ton = 14,630 gram-meters
IPT Zac 4.40 m x 2700 g/ton = 11,880 gram-meters
MAG Juan. 6.35 m x 1798 g/ton = 11,417 gram-meters
MAG Juan. 8.05 m x 1347 g/ton = 10,843 gram-meters
MMG SM 15.0 m x 767 g/ton = 11,505 gram-meters
SST Cop. 6.20 m x 1677 g/ton = 10,397 gram-meters |
