WFE 0.00% 2.4¢ winmar resources limited

Ann: New drill intercept extends Lomero deposit, page-65

  1. 1,172 Posts.
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    I knew of, as you say the first 4 holes being drilled in this initial phase, but it came as a pleasant surprise to already be drilling a fifth.

    "New massive sulphide intercept in DDH L17-87 extends eastern end of Lomero deposit downwards 70m (40m vertical). The deposit remains open to depth."

    I believe this initial extension of the deposit is a good sign. In addressing what you say about no visuals so far, i believe that perhaps the initial drilling results weren't quite what was expected and the market somewhat rushed a fluff announcement from WFE- they hadn't quite found what they were hoping for from the initial programme. It must be said we are only at this stage looking around for lenses, and rarely is the pot of gold so to speak found right away, a lot of this drilling as indicated by their diagram in the latest announcement is finding the extremities of the known resource.
 
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