Ann: Diamond Drilling Completed at Quicksilver, page-64

Go and read up on saprolitic (clay-borne) lateritic deposits.

Then consider the empirical results of the Stage 2 Met testwork program, and the unique properties of the Quicksilver Project - including its overlay of REE mineralisation.

The Company is interpreting the deposit as clay hosted secondary nickel-cobalt-scandium mineralisation overprinted by secondary REE mineralisation. (from the 4th April 2023 Stock Head article)

The impediment to the development of most lateritic deposits is that they need to be large enough to justify expensive HPAL plant.

You don't seem to being hearing the Company's message that simple, mechanical, low-energy processing (scrubbing, screening, grinding, magnetic separation) can produce at least three readily saleable primary products from our Lake Grace clays.

Nobody's making that stuff up. The work was done in the highly reputable Bureau Veritas laboratory in Perth.


Ponder all that ...then perhaps for fun wonder aloud to yourself - if all this exciting potential commercial development can be achieved from secondary mineralisation, what might some deeper holes at Quicksilver (and adjacent) turn up?