Prominent Hill 2001 vs Cyclops 2015

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    A little history of Prominent Hill...

    "Exploration interest is focussed on a large number of higher crustal
    level targets that have not been adequately drill tested. Assessment
    of Normandy's geophysical data, using proprietary inversion modelling
    software generates specific drill targets in 3-D space with far
    greater confidence than conventional modelling.

    From the modelling undertaken, six targets(Armstrong North, Neptune,
    Uranus, Peculiar Knob North, Manxmen B, and Blaze), all of which
    have potential to host large mineralised systems, have been selected
    for further test-work in the first year of the joint venture (Figure
    4). In each case existing drilling results have established the
    presence of significant hydrothermal activity and additional
    evaluation is required to test for the development of high-grade
    mineralisation within the limits of the alteration system
    . "




    Prominent Hill drilling first began in August 29th, 2001 and it took them three months to announce the discovery hole.

    The fact that they had 6 target drilling holes to discover the motherload, while only 2 holes are planned for Cyclops, does this suggest confidence by JR / Teck... or rather, arrogance?

    My own opinion is that, they will need more than two drill holes to find what they want...

    We await for next week on results of the second hole.

    Good luck to all holders - LB
 
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