Tuesday, 22 November 2011

Investigator Resources non-executive chairman ups stake in company

Investigator Resources (ASX: IVR) non-executive chairman Roger Marshall now holds over 2 million shares in the company after a recent on market purchase of additional shares.

Marshall boosted his shareholding by 50,000 shares for a consideration of A$8,060, providing an average entry price of $0.16 per share.

Investigator Resources is beginning the next phase of drilling at the Paris prospect on South Australia’s Eyre Peninsula this week, with five diamond holes to be drilled before Christmas.

This program will focus on verifying the geometry and potential vectors of the high grade silver mineralisation intersected to date, including following up on previous intersections.

Investigator managing director John Andersen said at the company’s Annual General Meeting earlier this week that the Paris prospect has potential to be a large, high grade silver system.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/22477/investigator-resources-non-executive-chairman-ups-stake-in-company--22477.html

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