Business
Investment Update - Amended
Investment Update - Amended.
About this update from Mineral And Financial Investments Ltd
[{"type":"text","content":"\n \nRNS Number : 4830I Mineral & Financial Invest. Limited 19 June 2017 \n\n \nThe following replaces the Investment Update announcement released at 7:00 under RNS number 3724I.\n \nThe announcement is being re-released to include a link to a PDF document.\n \nIn addition, the table which refers to the results of the drill hole (the first table in the announcement) referred to drill hole LS DH-01. This was a typographical error and has been amended to the correct reference LS-MS-01.\n \nFinally, the contact details at the end of the announcement have been amended to include the Company's broker, Jon Belliss, Beaufort Securities Limited +44 207 382 8300. These details were previously omitted in error.\nThe remainder of the text has not been amended.\n \nThe corrected version of the announcement appears below.\n \n \n \nMINERAL & FINANCIAL INVESTMENTS LIMITED\n(\"Mineral & Financial\", \"MAFL\", or the \"Company\")\nInvestment Update\n \n \nLagoa Salgada Exploration Program strikes 88.0m of 11.85% Zinc Equiv.1\n \n \nHIGHLIGHTS:\n \n- LS MS-01 drill hole strikes 88.0m of 11.85% zinc equiv. 1, including 28.0m of 20.63% Zn equiv.1\n- LS MS-01 drill hole is the first hole of LS-1 resource expansion program\n- LS-1 Exploration program to expand resource from 4.5Mt to 8.0Mt-10Mt on track \n- Substantial gold-rich zones, including 2m at 30 g/t gold and 16m at 3.3 g/t gold\n- LS ST-03 strikes 11 distinct semi-massive to massive sulphide intervals in conjunction with very high levels of sericitic alteration\n- 16 other anomalies still to be fully explored\n \nGeorge Town, Cayman Island - June 19, 2017 - Mineral & Financial Investments is very pleased to announce drill results from its 49%-owned subsidiary, TH Crestgate GmbH, a private Swiss-based investment company. TH Crestgate has released the first assay results from its new drilling campaign to expand the LS-1 resource. The holes were completed by wholly owned local subsidiary, Redcorp Empreedimentos Lda, on the100%-owned Lagoa Salgada zinc-copper project in southern Portugal. \nThe 6-hole drill program, announced and initiated in June 2017, is focussed on expanding the existing LS-1 Resource. The current r...