Discovery Metals (ASX & AIM: DML) substantial shareholder, Taurus Funds Management, has acquired an additional 11.1 million shares in the African focused copper company at an average price of 18 cents per share.
Taurus now holds 25.4 million shares, a 13.1% interest in Discovery Metals.
In May Discovery reported assay results received from the most recent 91 infill diamond drill holes at the Plutus Prospect, which is a part of the Boseto Copper Project in North-west Botswana, which confirmed the continuity of copper-silver mineralisation over a 12,000 metre strike length.
This was further good news for DML shareholders and investors in a long line of consistently good results relating to grade and thickness of mineralised zones at Boseto.
Where the grades exceed 2% copper, it is likely the +2% copper zones will enable fast-track development of shallow higher grade starter pits to enable earlier cash flows.
Discovery Metals (ASX & AIM: DML) substantial shareholder, Taurus Funds Management, has acquired an additional 11.1 million shares in the African focused copper company at an average price of 18 cents per share.
Taurus now holds 25.4 million shares, a 13.1% interest in Discovery Metals.
In May Discovery reported assay results received from the most recent 91 infill diamond drill holes at the Plutus Prospect, which is a part of the Boseto Copper Project in North-west Botswana, which confirmed the continuity of copper-silver mineralisation over a 12,000 metre strike length.
This was further good news for DML shareholders and investors in a long line of consistently good results relating to grade and thickness of mineralised zones at Boseto.
Where the grades exceed 2% copper, it is likely the +2% copper zones will enable fast-track development of shallow higher grade starter pits to enable earlier cash flows.
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