InvestorsHub Logo

Tommy

02/25/13 11:46 AM

#94 RE: Tommy #93

$MPRXF - $MGP.V - MEGA PRECIOUS METALS REPORTS CONSISTENT TUNGSTEN CREDITS SIGNIFICANTLY INCREASING GOLD-EQUIVALENT ASSAY VALUES AT ITS MONUMENT BAY GOLD CAMP

http://campaign.r20.constantcontact.com/render?llr=pj77egcab&v=001iJhWe_MGxki7qoTiiaVo4m0UeqteyQTdHbCot3mqWEpymMua7LWUoEAR44xfO3iBDigzPNyPcyYOYwnbqd6VfFs1jnZPMrRwhU7qN9xL_dvuezyTOj2I9w%3D%3D

... "Mega’s geological framework has verified that all 17 drill holes have continued to intersect broad intervals of significant Gold and Tungsten concentrations in the form of a mineral called Scheelite. The current program has increased the overall gold- equivalent grade by an average of 32% with smaller intercepts increasing up to 198%. Collectively these Tungsten results continue to demonstrate the potential for an economic by-product credit due to the consistent nature of the Gold/Tungsten association throughout the Twin Lakes Deposit." ...

... "As a point of reference, a grade of 0.10% Tungsten equates to 1 kg of Tungsten per tonne. The current average January spot price of tungsten is $50.30/kg. Current Tungsten-only mines have resource grades between 0.06% and 1.1% Tungsten with the average being ~0.49% Tungsten http://www.itia.info/minerals-deposits.html"; ...