WA1 27.6% $20.69 wa1 resources ltd

Ann: West Arunta Project - Luni Assay Results, page-267

  1. 3,001 Posts.
    lightbulb Created with Sketch. 7933
    X marks the spot? The X factor??

    https://hotcopper.com.au/data/attachments/5699/5699799-ff80d546325a348139485e19ebc14c21.jpg

    Not certain what this represents.
    Centered just south of hole 26 and DDH 23-1 -
    With detail there is a hint that the lines of the X possibly have close spaced drill sites around the high grade hole 26 to see local distribution of grade????

    Apart from this no obvious site preparation noted in the last 5 days.
    Some drilling in the L001 area and a little to the east. Yellow stars - larger more definite.

    https://hotcopper.com.au/data/attachments/5699/5699824-012578b1e410872cf7fb994898d36d58.jpg
    ENR reported carbonatite to the NE of Luni today. Quite deep in hole 82 but shallower in 83. Both holes ended in Carb.
    To the NW of Luni they also announced at least 400m of N-S carbonatite.
    Extensions of Luni? Separate? Grades from holes reported by WA1 suggest a weakening to the north but still some carbonatite. Lots of holes to come.
    How extensive with P2 ~30 Kms away and many gravity/Mag targets around.

    Luni timelapse
    https://hotcopper.com.au/data/attachments/5699/5699842-7a7ce82d66907fc9b3a3cfaa04214e1d.jpg

    Drill and Site prep seem to have been completed in the E and SE

    =====================
    I cross referenced my interp with the recent data in WA1's announcement and found 80+% accuracy for sites. Only a couple of definite errors. Locations generally +-25m or better.
    Happy that it seems reasonable and adequate for HC purposes.

    Lots to smile about from the last batch of assays and the significant western extension they are adding to an already good zone to the east and south.

 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$20.69
Change
4.480(27.6%)
Mkt cap ! $1.269B
Open High Low Value Volume
$17.80 $20.69 $17.36 $14.38M 748.6K

Buyers (Bids)

No. Vol. Price($)
1 494 $20.69
 

Sellers (Offers)

Price($) Vol. No.
$20.85 48 1
View Market Depth
Last trade - 16.10pm 19/06/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.