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Gold/Mining/Energy : The Molybdenum Discussion Board

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From: james flannigan9/14/2007 2:43:55 PM
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At deeper levels, several significant intervals of molybdenite mineralization have been intersected in drilling and molybdenite is commonly found along fractures and shears in other holes, suggesting interesting potential for a buried porphyry molybdenum deposit related to the intrusive system. In fact, the general distribution of mineralization on the Crypto property shows zoning similar to that in typical porphyry systems, with an inner zone of molybdenum-rich mineralization grading outwards to zinc, then lead, silver and manganese with increasing distance from the intrusive.

Lithic is drilling a series of deep holes to target moly at depth at the start of the current 10,000 mtr program.The old holes were in moly in the historic resource. Just think, that LTH got this world class ore body from Eurozinc for only $25,000 dollars.This IMO was the steal of the decade. James
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