Indicator Minerals Identifies Second Major Moly Zone at Mohave

Indicator Minerals Inc. (TSXV:IME) announced results confirming a second moly zone at the Mohave project in Arizona.

As quoted in the press release:

Holes MV11008 and MV11009 tested a 2.5 km west-northwest trending molybdenum soil anomaly located along the northern contact of the Central Monzonite Complex. Highly anomalous molybdenum mineralization was intersected from surface to a depth of 189m.

Indicator’s President and CEO, Bruce Counts said:

“The results from the 2011 drilling program clearly indicate that the Mohave Project has the potential to host an economic resource. Our initial core drilling program has already identified four distinct zones of significant mineralization and the majority of the 1,800 acre geophysical anomaly remains untested.”

Click here to read the Indicator Minerals (TSXV:IME) press release.