Like all explorers, DRE leads drilling releases with the best X-sections for obvious reasons. Wide spaced sections on pinch and swell lodes mean that a poor section may very well sit next to a major strike length of thickening, and vica verca. Early days then, no HandXRF numbers to consider, but the best sections so far are a very long way from Yin and that 50-100Mt target I'm doubtful on.
What we can glean from logging is that Fenite is probably sub-economic halo-mineralisation, ironstone and carbonatite is the money. Gifford Ck deposits require decent thickness and continuity along strike and depth to carry an acceptable strip ratio and be economic. Something is better than nothing, but only something is worth the same as nothing in the long run. Surprised the market is chasing these results...
Section A-A' shows continuity 50m downhole on main lodeSextion B-B' shows very poor continuity 50m downhole on main lode, only minor irostone DH142
Sextion D-D' shows very poor continuity 50m downhole on main lode, only skinny Fenite
Sextion C-C' not shown, but we can know it's holes 163 & 164, which only returned skinny Fenite alt'n... no wonder not shown.
- Forums
- ASX - By Stock
- DRE
- Ann: Yin Resource to Grow, Carbonatite Drilling Commenced
Ann: Yin Resource to Grow, Carbonatite Drilling Commenced, page-12
-
- There are more pages in this discussion • 72 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DRE (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.79M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.6¢ | $46.94K | 2.784M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
30 | 4677926 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 834498 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
30 | 4677926 | 0.016 |
47 | 8638694 | 0.015 |
12 | 2565761 | 0.014 |
4 | 1290730 | 0.013 |
5 | 1073479 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 834498 | 2 |
0.018 | 2708751 | 8 |
0.019 | 1948000 | 7 |
0.020 | 2387399 | 11 |
0.021 | 708388 | 5 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
Featured News
DRE (ASX) Chart |