SUM 4.35% 24.0¢ summit minerals limited

SUM next WA1, page-1160

  1. 3,365 Posts.
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    Hello. SUM appeared to say they have a pegmatite. WA1 is a carbonatite. These appear to be different.

    While I haven't looked closely at the drill holes and averaged them in a spreadsheet, it appears WA1 should become the 2nd largest niobium deposit in the world, with possibly 100MT at 1.5%. The WA1 primary deposit is say 2000m x 500m x 40m thick x 2.5 density = 100 million tonnes.

    SUM said their pegmatite is so far 3000m long therefore at 100 metres deep (thick) it has to be 133 metres wide to be equivalent to WA1. None of this even appears close for now.



    https://hotcopper.com.au/data/attachments/6276/6276171-907687842282c888228c57dacb1d04b4.jpg

    https://hotcopper.com.au/data/attachments/6276/6276173-1a53fadea204159f74ed4b9f2f9c95b3.jpg


    Last edited by GKeden: 28/06/24
 
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