Yeah it’s a fair point Poodle, personally I found the update rather positive – but that's through my lens with a longer timeframe etc
I particularly like the Yalgamine anomaly…decent footprint with coincident Cu-Ni-Pd and Au over a disruption in the mags that sure does look like an intrusion with pipe/chonolith-like geometry…up to 1,040ppm Cu in the regolith is very anomalous.
The comparison to the pre-discovery soil anomaly above what later became Nova is striking...the three images below are shown at the same scale. So you can see Yalgamine is not to be scoffed at, even more when you consider the actual footprint of the NovaBollinger resource.
I wouldn't bother necessarily comparing the absolute soil Ni-Cu-PGE values from Nova to Yalgamine, different methods etc. But in any case, its shaping up nicely (glad the ground wasn't offloaded). Will be interesting to see the infill results on Yalgamine and the others.
At Warraweena the coincident bullseye gravity highs and mag lows are also interesting.
Pays to keep in mind that it was a common strategy (chasing coincident grav highs and mag lows) adopted by earlier explorers in the Macquarie Arc. This was basically how Northparkes are Cowal deposits were discovered back in the late 80’s (along with many non-mineralised porphyry intrusions). But, it can often be an overlooked strategy these days, as people gravitate to the latest or greatest etc. In a previously unexplored area like this, who knows what it might throw up!
So yeah I agree with you - the announcement is several steps in the right direction imo - and they continue on with Fosterville once the crops come out.
- Forums
- ASX - By Stock
- S2R
- Ann: Exploration Update
S2R
s2 resources ltd
Add to My Watchlist
0.00%
!
6.7¢

Ann: Exploration Update, page-7
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
6.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $33.49M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.4¢ | $65.04K | 1.000M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 257393 | 6.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 86075 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 257393 | 0.064 |
2 | 105000 | 0.063 |
4 | 496017 | 0.062 |
2 | 245000 | 0.061 |
3 | 470000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 86075 | 3 |
0.068 | 767495 | 2 |
0.069 | 87204 | 1 |
0.070 | 71428 | 1 |
0.072 | 20000 | 1 |
Last trade - 15.55pm 28/07/2025 (20 minute delay) ? |
Featured News
S2R (ASX) Chart |