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Ann: Drilling Further Supports IOCG-SEDEX Potential at Mt Lamb, page-12

  1. 10,455 Posts.
    lightbulb Created with Sketch. 2721
    They call it reconnaissance drilling, and we must accept that is what it is. An early discovery would be a lucky strike.

    In due course when the geology and the alteration minerals are better understood (I think) better directed holes with downhole geophys will vector into what we hope will be a massive new mineral province, the size of Isa maybe, and ICG as first mover holds most of it.

    It will be hard for many to hold the line, that's very understandable. IMO the LT holders understand.

    As an exercise check out the STM ann today, over years they have built a massive discovery from a couple of shady historical holes - never was it obvious what to do next IMO. Lessons for us there !!
 
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