Another outstanding prospect for the long term investors to look forward too.
At Queens Gift previous drilling returned some significant shallow intersections:-
26m at 470 ppm U308 from 36m
1.5m at 1,200 ppm U308 from 21.5m
5m at 800 ppm U308 from 49m
4.5m at 910 ppm U308 from 32.5m
At SURFACE, uranium mineralisation in this area occurs over a width of approximately 20m with the zone of mineralisation registering over 1,500 cps on the hand held scintillimeter where it outcrops.
Sampling of the Queens Gift outcrop area by DYL's consultant geologist returned a maximum value of 3,530 ppm U308 from iron carbunate altered chloritic schist.
And last week's announcement by DYL that they had completed their deal with Superior, which included the acquisition of the Queens Gift Prospect - and the share price falls - go figure.....
This is the most promising U308 explorer on the ASX imo, cheers to all the long term holder who I expect will be richly rewarded with significant exploration success over the next 2 years.
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EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
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