LKE 2.44% 4.0¢ lake resources n.l.

asteroider, page-2

  1. 18,941 Posts.
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    It is a pretty exciting project.

    Breccias are a good sign, as hot water permiates the fractures when they are forming and can precipitate minerals (not always).

    Tellurium is also a good indicator.

    Looking at it in false colour on Google a year ago (before high-res), it looked to be the most highly mineralized area for 1000's of km. Of course it remains to be seen if we get economic grades. Basically it's one huge ancient volcano.

    With the size of the system, can you imagine what LKE would be worth in the (unlikely) event it got a long high-grade intercept?

    We can only live in hope, but it would be like winning the lottery (with almost the same odds)

    high risk buying more at the moment though. best to wait for results.
 
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