Howdy ozblue, you are correct to question why 2D rather than 3D and there are numerous papers that highlight the reflective risk associated with 2D.
However, this from the companies announcement appears to be their validation of the accuracy of the 2D results.
..." The seismic data shows that the Cathedrals Belt structure continues in the down-dip direction into E29/548
(100% St George), with the new large target located within that tenement; see Figure 2.
Line 1 of the seismic survey was completed over an area with extensive drilling at Investigators. The type
of rocks intersected included massive nickel-copper sulphides, mafic rocks and granite.
The drill hole data for these various intersections provides a reference point for interpreting the seismic recordings.
Encouragingly, the reflective properties at the new target are consistent with the reflective properties of
the known massive sulphides identified from existing drill core."....
Yes, there is risk and it is up to each investor to weigh up the speculative risk that this drill target presents.
Cheers to all SGQ holders and former holders
Mulac1
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