Midas Minerals Confirms high priority targets at Challa
- Midas Minerals (MM1) identifies at least 34 conductive anomalies at the Challa project in Western Australia
- MM1 undertook a geophysical survey to identify bedrock conductors associated with potential to host nickel-copper-cobalt-platinum group element mineralisation
- The survey data was then analysed by geophysical consultant Resource Potentials which led to generating at least 34 high priority conductive anomalies
- Some of the targets are considered drill ready while others require ground-based electromagnetic (EM) surveys to define their exact orientation before drilling
- Midas closes 20 per cent in the green at 18 cents