TON 22.2% 1.1¢ triton minerals ltd

tomorrow predictions, page-22

  1. 2,693 Posts.
    who do you think bought all those shares at 42 cents on the close. the insto's that read and understand the below commentary from company.

    "The drilled graphite mineralization intersections correlated well with the zone of high electrical conductivity defined by the VTEM survey data. The inversion modelling of the VTEM data interpreted the graphite mineralisation to extend beyond 150m depth below surface.

    The deep intersection of graphite mineralisation in GBND0001 lends further support to this interpretation. Graphite mineralisation to these depths exceed the Company’s original target expectations and the Company is excited by the fact
    that the zone still remains open to the northwest.

    Furthermore, the Company is yet to drill on of the ridge of Nicanda Hill, which has an elevation of more than 50m above the collars of the drilled holes.

    To date the trenching and drilling at Nicanda Hill prospect has demonstrated graphite mineralization over 1.75km between drill line S1 and Trench 2 (Figure 3).

    The Company is looking to extend the known extents of the graphite mineralisation on the Nicanda Hill prospect with further drill testing of the 5km long high electrical
    conductivity zone defined by the VTEM survey data.

    The graphite mineralisation at Nicanda Hill has been previously shown to include high graphite grades of up to 28.6% graphite carbon (17m down hole in TMBD0005;
    announced by Triton on 22 January 2014). The RC and diamond core samples from the recent drilling are currently being prepared for delivery to the laboratory.

    Initial comparisons of the graphite mineralisation intersected in the RC and diamond holes drilled in 2014 and the holes TMBD0005 and TMBD0006 drilled in 2013, suggest
    the graphite mineralization is visually very similar.
 
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