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WR1 General Discussion, page-7118

  1. 16,070 Posts.
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    "Cancet and Adina is the place to be, high grade and no lakes, no need to build a dam around the mine to stop melting snow and rain from flooding in (a dam could cost a few billion), won't name any projects here but appears there are quite a few with unfavourable location."

    Very true about Cancet's high grades and goldilocks position. See satellite map and table below for a taste of more 2% to 4% grades from Cancet to come. They have been extremely quiet about Cancet's progress.
    Hole MTC17-021 hit 21 meters at over 2.24% including 11.5 meters at 3.23% - just impressive imo!
    Hole MTC17-015 hit 18 meters at over 3.14% including 5 meters at 4.12% - these are crazy grades smile.png

    Yes I don't think we will get updates either until after Feb 28th - SPP close. It won't make sense as it could materially affect the spp and scale backs if news are in before SPP is closed off.

    Call it the WINSOME luck - all our lithium deposits seems to play dodgeball with lakes and water. Road running right through our entire Cancet tenement.
    smile.png

    https://hotcopper.com.au/data/attachments/5044/5044408-ddee0a9bbd5dc91f48b1ca7cace89011.jpg
    https://hotcopper.com.au/data/attachments/5044/5044414-359b78c7a3f778aea6b101c6e466c65b.jpg

    https://hotcopper.com.au/data/attachments/5044/5044398-ad286a69b49610f0c58d1f215ca6bd18.jpg
    https://hotcopper.com.au/data/attachments/5044/5044399-ff4622e0d0dbf464a5d23f4b6dc7d098.jpg

    Last edited by kevin103: 11/02/23
 
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