If the cost to recover the oxides is not economical, it could be 3Bt Jorc and it doesn't matter. The grades and mets matter.
Looking at the recent holes:
- The high grades are not close to the surface (like 50m deep or so), and anything over 1000 ppm is 12-20m deep.
- The significant intersections are ok but nothing flash and they have a few sub 1000ppm in the significant intersections. I think even 1500ppm is not viable currently IF its truly ionic.
Combined with them not doing a $200 test to see what recoveries are like... I dunno where this can really go. I see this is near lynas, maybe they just try and find another Mt Weld/hard rock deposit or something...
Ann: 8m @ 5,716ppm TREO- Jupiter Drilling Continues to Outperform, page-43
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