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Stratton Resources Inc.(TSXV:SI) reported the latest assay results from its initial drill program at its MAC Molybdenum- Copper Project. The Company also announced entering into an option agreement on the Natlan Project with two private individuals, giving the Company an option to earn 100% in the project.
As quoted in the press release:
Stratton completed its 2011 exploration campaign at the MAC project in mid-December. The two drills completed 10,067 meters of diamond drilling in 44 holes in the Camp zone. On the east contact zone, 5,742 meters were drilled in 25 holes and on the north-west contact zone, 4,325 meters were drilled in 19 holes.
Stratton Resources, President and CEO, Greg McCunn, said:
We continue to be very encouraged with the strength of the initial drill results from the MAC Project. With 20 holes reported and a further 24 still pending from the assay lab, we plan to continue reporting results as they become available over the coming weeks. The complete program’s drilling results will be compiled into a NI 43-101 compliant resource estimate, which will be completed in late February or early March. The report will also outline further exploration targets identified by our ground and airborne geophysical surveys to form the basis for our 2012 exploration program.
Click here to read the Stratton Resources Inc. (TSXV:SI) press release
