Yeah but you’ve conveniently omitted the fact that lease 831092 does directly border MEI’s southern most leases and is smack bang in the caldera only 4kms from their Figueira strike. Admittedly small, some 55Ha, it is right in the hot spot.
And if you do some research on the geology of the caldera you’ll notice that the larger 1000ha 831091 lease you mention borders the outside boundary and is a first point of contact to it - so if there has been mineral translocation over millions of years, it’s going to show up there. So if you can’t get leases in the actual caldera itself then on its border is the next best are area imo.
Another reason I’m optimistic about this Brazilian drive by si6 besides the lithium and ree leases which are prospective as hell, is that one lease up in the north east has already had a 90 metre RC hole drilled. Anyone who knows this speccie mining game knows that companies don’t just decide to sink random RC holes just because. It’s done on the back of rock chips, soils, geochemistry, augers etc. It’s my estimation and reasoning for buying in here that these guys have an idea already on some of their leases as to what they might come across beneath the surface imo….
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