Australia's largest stock trading and investment forum Australia's #1 stock forum

ESS essential metals limited

0.00%

50.0¢

Exploration success, page-6

First 6 Last

Share
Profile

Follow
desmond

249 Posts.

10

27/10/19

00:00

Post #: 41083692
Share

Originally posted by oilskin: ↑

I don't mind an alternative view, as from the like of RAF and NCM, but this is just outright garbage.

You state above the following. "I think we have no worthwhile irons in fire..."

I'm not going to list all the irons for you as you need to do some homework yourself. The one I will draw your attention to is the Pioneer dome North pegmatite currently being drilled. The PEG is an unexplored outcropping pegmatite of an undefined size. It contains Li in the form of spodumene. It is yet to appear commercially viable due to the early phase of exploration, but the point here is that it is being investigated right now via and extensive DD/RC drilling campaign. CADE is of a reasonable grade and is open at depth. CNE appears to be the edge of another, mostly buried pegmatite. What appears atm to be the most exciting aspect of this site, is (apart from the presence of spodumene) the potential size of it. It appears that not all of this pegmatite system is outcropping and therefore may be lying in wait beneath the regolith.
The drilling should, along with the ground-penetrating radar, help to locate any extensions to what we believe to be the boundaries of this peg system (mostly which is based upon surface sampling; the ? shape of high % samples as shown in the surface map diagram).
The ground-penetrating radar may well reveal a much larger system beneath the surface with potentially significant spodumene-bearing cores. This, in my opinion, constitutes a valid "iron" in the fire.

Expand

Oilskin.
Mavis. 0

Nickel. 0 Old mine no one wants.

Acra 0.

Novo. 0

More Cs. 0.

Originally posted by oilskin: ↑

I don't mind an alternative view, as from the like of RAF and NCM, but this is just outright garbage.

You state above the following. "I think we have no worthwhile irons in fire..."

I'm not going to list all the irons for you as you need to do some homework yourself. The one I will draw your attention to is the Pioneer dome North pegmatite currently being drilled. The PEG is an unexplored outcropping pegmatite of an undefined size. It contains Li in the form of spodumene. It is yet to appear commercially viable due to the early phase of exploration, but the point here is that it is being investigated right now via and extensive DD/RC drilling campaign. CADE is of a reasonable grade and is open at depth. CNE appears to be the edge of another, mostly buried pegmatite. What appears atm to be the most exciting aspect of this site, is (apart from the presence of spodumene) the potential size of it. It appears that not all of this pegmatite system is outcropping and therefore may be lying in wait beneath the regolith.
The drilling should, along with the ground-penetrating radar, help to locate any extensions to what we believe to be the boundaries of this peg system (mostly which is based upon surface sampling; the ? shape of high % samples as shown in the surface map diagram).
The ground-penetrating radar may well reveal a much larger system beneath the surface with potentially significant spodumene-bearing cores. This, in my opinion, constitutes a valid "iron" in the fire.

Expand

PIO Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

THL

Tourism Holdings says Liberation Day tariffs smashed US RV demand

AII

Inside the Depths of Panasqueira: A Legacy Carved in Rock

DMP

Is Domino's a steal after -25% plunge?

NMG

New Murchison Gold blasts off at Crown Prince as 'better than expected' results return

OSL

OncoSil wraps up recruitment for key pancreatic cancer trial

Listen: HotCopper Wire Podcast 016 – FY25 ended up not so bad... but Trump unpause is coming

KGD

Kula picks up unexplored niobium play in Malawi, with surface samples logged

Week 27 Wrap: 40% China tariffs?; ASX +10% FY25; US Amazon price spike

Trump chides Powell as Goldman call for calm. The RBA must be nervous

HotCopper Highlights, Week 27: G8 scalped, Domino’s drops the box, Gemlife brief hype & more

First 6 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

SPONSORED BY