Proactive investorsLogo Proactive Investors UK Website

Search field
Get Adobe Flash Player Download
Flash
Player ►

And
Enable
Javascript

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Additional information
Additional Information
Market: ASX
Sector: Gold Mining
Epic: MZM
News: Latest news
Web Site: Montezuma Mining
Other Articles: 23-12-200908-12-200902-12-2009

RSS - Subscribe to the News Today on Proactive UK ▼

Thursday March 18, 08:01SmartFocus, Amphion Innovations and National Milk Records confirmed for March 18 Forum

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive NA ▼

Thursday March 18, 01:14Cisco remains at the forefront of internet infrastructure

The stock has recently managed to breakout above the long term resistance found at the $25 level which should now provide support for any pullback before the share price drives higher

FULL ARTICLE ►

RSS - Subscribe to the News Today on Proactive CN ▼

Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

FULL ARTICLE ►
Montezuma Mining

Montezuma Mining

Montezuma has in excess of 3,000 km2 of exploration tenure in Western Australia, with multi-commodity prospectivity including gold, copper, nickel and uranium targets.

The portfolio centrepiece is the Peak Hill gold mine which has produced in excess of 900,000 oz of gold and has existing resources in excess of 200,000 oz of gold.

 

Wednesday, November 25, 2009

Montezuma Mining recommences drilling at Windsor Discovery Zone

company news image

Montezuma Mining (ASX: MZM) has started drilling again in the Naracoota Volcanics at the Windsor Discovery Zone adjacent to the Durack Resource in Western Australia.

The recently discovered mineralised zone is associated with quartzsulphide (pyrite and chalcopyrite) veins, stringers and stockworks accompanied by silica alteration and quartz veining within intercalated mafics and meta sediments of the Naracoota Formation.

The recent discovery hole intersected 33m @ 1.89 g/t gold, including 3m @ 3.52 g/t and 7m @ 5.32 g/t.

Shares in the company increased 1c, or 4.2%, to 25c, following the announcement.

Montezuma managing director Justin Brown said the stratigraphy predominantly trends NW-SE, dipping steeply to the northeast at 75° - 90°.

"The mineralisation also appears to be influenced by a series of northeast striking cross faults," Mr Brown said.

"The new discovery at Windsor is associated with a RAB anomaly in excess of 500m in strike length, open in both directions."

The current programme will comprise a first phase of 11 holes for 1,160m with a second phase already approved for drilling if visual indicators in the drill spoil are favourable.

"The new discovery at Windsor, while in the early stages, offers significant encouragement with respect to increasing the size and further potential of the Durack Project," Mr Brown said.

"The geological information obtained from the first round of drilling has also led to a reinterpretation of historic RAB data which has resulted in the identification of a number of additional targets."

Montezuma expects drilling to take approximately 1 week and may be extended if visual geological indications are favourable.

AddThis Feed Button
Register here to be notified of Proactiveinvestors One2One Forums.

Other Montezuma Mining articles


Other Montezuma Mining news

More news ►

Investors interested in Montezuma Mining recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.