" Drill hole ANDD0002 intersected 14.50m of semi-massive, matrix and disseminated
nickel and copper sulphide mineralisation from a depth of 104.50m " AZS 16/10/20
02294565.pdf (weblink.com.au)
At face value, SBR's announcement today appears very, very similar to me.
Duggers has delivered on his model as far as I can see....what remains to be seen are the grade and the extent of the mineralisation .....which according to his model extends along strike .
So all points to Duggers at this stage .
I posed some questions to him to him earlier today and here is what I received in response :
"Thanks ********* for your message .
Market expectations etc , although it's not every day that your model turns out and you hit a significant sulphide zone as targeted .But we've got more drilling to come and then surface EM at Sherlock and Nepean South etc to generate yet more drilling targets .
Main game is the Ni , Cu , Co sulphides although we are on the lookout for pegmatites as well .
Have a look at ASZ announcement of 18 July 2022 ; essentially the same sort of sulphides we've intersected .
They have a $88M Market Cap and we have more nickel in resource than AZS already (100kt Ni metal ).
Our geology is identical intrusive related nickel sulphides .and now that we have located similar massive/matrix sulphide zones on the intrusive contact we can follow it along the intrusive contact corridor .
Market for SBR as we generate longer term substance .
cheers
Jon "
Reproduced with permission .
02542865.pdf (weblink.com.au)
So far , so good , the journey continues .
Best wishes
Q
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