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Ann: High Grade Halloysite with Kaolinite Confirmed at Gibraltar, page-274

  1. 474 Posts.
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    It's just as it is. The positive i see is oar has some impressive landholdings there, so drilling could hit better areas. Time will tell but also will cost money. If you know the sector a little bit ( surely 99% know because of adn ) and know how to read the results, they are very poor. It's may be unpopular to point that out and people will call me a downramper or adn fanboy and don't want to hear my opinion but i am free to post here, even as a non holder. Of course adn holders are interested of oar's results and while some people now say it's can't be compared, before the ann it was compared quite often. So what does the results indicate? The brightness is very low, no interval over 70%. For the main industry of halloysite-kaolin ( ceramics ) you need average brightness over 75% - better over 80%. The iron contamination is mostly high and anything above 1% you could consider too high because it's not usable for ceramics. The next point is the strike length and with most intervals just 3m in thickness it's just not commercially viable to mine that, even with this easy lowcost quarry style digging. Then there are just 3 holes are greater than 10meters and also just 3 intervals with halloysite content over 10%. Most holes just show around 3% halloysite at very small intervals. With just around 35% of that in the -45micron category ( which is usable ) you just can't delevop a resource with results like that. So like a said these first results are a complety duster. Some may say they found halloysite, only that was the goal, now you chase more with further drilling - but that sounds just like a excuse. If you drill gold and just hit deep down just a very few meters at 0,3gpt you clearly call that a duster. You may hit the motherload later - but thats just speculating. I am sorry for the disappointment for you holders and don't feel happy like some of you may think. I wish you all the best and like some pointed out a few more halloysite players would surely strenghten the halloysite industry and research. But the upramping here of these terrible results is just as poor as some downramping comments. All imo and gltah






 
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