Ann: Exploration Update, page-5

Did a bit more digging. The mineralised zone itself is a bit deeper than I thought at circa 500m so explains the timing a bit more.


There also was a mention of a previous inferred resource of 2.7 million tonnes at 6.9% Zn and 1.5% Pb from historical drilling at the Rapla prospect (taken from Arcon's release Wednesday 19 June, 2002). This did not include any of the current target zone towards the fault. Good to know there's a modest potential resource already there.



The 600m target zone towards the fault at Rapla itself could show some serious intercepts. The below snippets are taken from a research article on the Lisheen deposit. If it truly is similar to Lisheen, the main zone there had intercepts of >30m with an overall resource of 12.89% Zn and 2.34% Pb. Any announcement this week with a sizeable massive sulphide intercept and this isn't going below 10c again.