Morning all. The distance across this tenement is 140km and reminds me of a similar small cap I held a while ago that also had significant potential. I know that the targeting here was for IOCG and not sure that they were expecting this Nd/Pr factor that has emerged.
Go and have a listen to the vid presso at the 13min mark. Listen to what Will says about the Cu values in that Carbonatite they have intersected. They will be drilling both of those Eastern targets early next year after they process all of this upcoming 80-100 hole campaign.
The two targets tabled for early next year are Mawson and Perce. Now if Will is correct and they are mineralised and under only 5m of cover, Think Olympic Dam and Carrapateena. Now consider that these targets of ours may be at surface, Hello? BHP had considered to convert OD to open pit. Just think that if these prove anything like that at surface and what that may mean.
I have wondered about the larger target to thr RHS of centre and why no reference was given to that? I will assume that this will be drilled in the current 80-100 hole campaign.
Hope I am correct. Plenty of speculation but that is what we do. Now to see how this plays out. No wonder they pegged more ground out here in the sticks.
Kind regards, Wack.
ENR Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held
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