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clock Created with Sketch. 16/08/21
16:26
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Originally posted by cjames1:
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Yes I was looking at historic results and they looked rather encouraging even if they had been drilled today. However these results were from many years ago when metal prices were multiples lower than they are today. My thinking straight away is that they werent massive sulphide hits or they would have drilled more holes and been followed up no doubt. If this is true then the grades for disseminated/matrix sulphides is rather good given the PGE credits. Massive sulphides will carry multiples of these grades. This is why the company is drilling here in the first place - the historic exploration produced promising grade and hinted at the potential for massive sulphides to be hidden somewhere. The company has found the massive sulphides and even if not the highest tenor in the world it looks like we are uncovering a rather large body of massive sulphides. Economic significance is just speculation until we get assays but hitting massive sulphides in consecutive holes is only going to send your share price one way
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Can anyone in the know confirm that historic drill results showing nickel-copper content would not have been massive sulphides as this would have been followed up?
