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Tuesday, August 12, 2008

Resource stock updates

ASX resource company drilling updates -

ABU (ABM RESOURCES NL) 2008-08-12:
ABM Resources announced that it has received significant diamond drill results including 3m @ 7.5% Zn from last two holes of recently completed program at King Prospect. The Company announced that these drilling results have extended the high grade zinc rich massive sulphide Northern Lens 60m below and 50m north of the ED116 intercept of 5m @ 10.5% Z; Northern Lens high grade zone now extends over a vertical extent of 250m and strike extent of at least 60m within an overall zinc mineralised zone strike length of 650m; and follow up diamond drilling program commenced to determine dimensions of high grade sphalerite massive sulphide mineralisation intersected between ECD132 of 4m @ 11.5% Zn and ED144 of 3m @ 7.5% Zn.

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