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Ann: Assays results for Hole 7 at Mount Lamb, page-53

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Barry81

3,307 Posts.

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22/09/22

15:54

Post #: 63833217
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Originally posted by afawcett: ↑

poet,

The economics of recover of REE from IOCG is uneconomic at this point with existing technology, I know this fact as my sister works at OD for BHP at a corporate level. The entire alteration halo contains LREE and it can be an amazing resource in itself if it can be extracted.

Im hopeful of a discovery being made by ICG but it can be a long game given the nature of the deposits being chased. I believe we are probably looking at a discreet system where multiple pipes of modest tonnage may exist much like those found at Tennant Creek. Keep up the faith, hopefully one of these holes points to a good vector.

best of luck holders

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this isn’t an iocg deposit yet. The drill hole came up with trace grades of copper gold and iron. You would be silly not to test for elements that are commonly found in the area such as ree and phosphates. Your drilling a thousand meters any way.

sounds stupid especially when management say they are trying to get bang for buck and drilling these Hail Mary holes that cost millions of dollars. Bizarre

ICG Price at posting: 3.5¢ Sentiment: Sell Disclosure: Not Held
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