Proactive Investors - Run By Investors For Investors

Montezuma Mining Company wraps up survey over gold target

Montezuma holds a portfolio of projects located in Western Australia.
Montezuma Mining Company wraps up survey over gold target
The company has a focus on gold and manganese-copper

Montezuma Mining Company Ltd (ASX:MZM) has completed a successful dipole-dipole array induced polarisation (IP) orientation survey at the company’s wholly-owned Holleton Gold Project in Western Australia.

The purpose of the survey was to test whether the technique can be used to target areas with higher sulphide concentrations along the 2 kilometre long basement gold anomaly at the Brahma Prospect.

There has been little historical drilling, with only three holes drilled deeper than 40 metres, with highlights including: 73 metres at 0.3g/t gold.

Montezuma noted that the results of the survey indicate that a larger scale IP survey along the entire 2 kilometre strike length of the Brahma gold target may be the most cost effective method to generate drill targets and expedite the identification of potentially higher grade zones at Brahma.


Montezuma has 100% interests in the Yamarna Gold Project in the Yamarna Greenstone Belt, the Holleton Gold Project in the Wheat Belt region and the Butcherbird Manganese/Copper Project in the Murchison region, all located in Western Australia.

View full E25 profile View Profile

Element 25 Ltd Timeline

Related Articles

October 20 2018
Montero Mining already has an attractive lithium portfolio in Namibia
project area
December 19 2018
The company has also reported a maiden ore reserve, adding to the project’s low-risk mineral resource and strong economic potential.
Gold nugget
November 22 2018
Such is the size of the two nuggets, they are now touring the world’s museums as curios

© Proactive Investors 2019

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use