AUR 0.00% 0.7¢ auris minerals limited

Ann: Investor Presentation - April 2016-RNI.AX, page-54

  1. 4,447 Posts.
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    I think this presso has laid out a more coherent geological story (maps, sections, spiel) than the last couple of announcements managed to put together, at least for Cuba.

    The chlorite alteration halo is found quite proximal to a VHMS. By which I mean...they should be on top of it. The upcoming RC hole, maybe some DHEM and a few more stabs, and either you've found it or you walk away.

    I'm still not convinced about their strike line at Monty, it doesn't seem to line up with that fold nose. I also don't rate Orient - so I'm at least being consistent here by reiterating it.

    Somehow, I think someone at RNI has a geo-boner for Orient and will sink another 1,000m of RC in there before walking away....and another slug of massive sulphide at 0.25% would prompt another 1,000m on top of that.

    The Forrest-Wodger trend is the place I'd go.
 
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