[Ferro-Alloys.com] Cache Exploration Inc. (TSXV:CAY) announced that it received positive results from reassaying 2012 drill core for molybdenum. The company’s new sampling shows that moly mineralization includes 3.23 meters from 20.7 to 23.93 meters containing 0.24-percent moly.

 

As quoted in the press release:

 

The additional sampling confirms that the molybdenum mineralization is more extensive and includes 3.23 metres from 20.7 metres to 23.93 metres containing 0.24% Mo as well as 2.55 metres from 30.15 metres to 32.70 metres containing 0.10% Mo. Mineralization is potentially open at depth with 0.11% Mo reported near the bottom of the hole from 345.33 metres to 345.72 metres. The mineralization appears to occur as molybdenite (MoS2) concentrated in veins and on fractures, and also disseminated within the granite.

 

Based on the positive Mo results from the 2012 drill hole, the Company is confident there is potential of additional Mo mineralization in the 2010 drill holes.