this section of the announcement was either a soft start to a let down, or just being conservative.
• Drilling that targeted the IP anomaly intersected variable amounts of pyrite mineralisation in a package of interlayered amphibolite and granitic rocks approximately 300m to 500m southwest of previous Soyuz drilling, suggesting possibility of mineralised zones, which will require assaying to determine the potential for economic value.
I don’t think the gold can be underestimated as there was a large lift in SP on IP anomaly announcement.
good that they are investigating however.
RNU Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held
