Australia's largest stock trading and investment forum Australia's #1 stock forum

GNM

Click for more information

0.00%

1.2¢ great northern minerals limited

Ann: 26m (down hole thickness) Pegmatite drilled in TD 003, page-19

First 19 Last

Share
Profile

Follow
Pinkie38

253 Posts.

166

01/05/18

10:11

Post #: 32791507
Share

Originally posted by Scarpa ↑

I understand the saprolite contains lithium, however that is different to reporting pegmatite stringers in the saprolite. I posted something here a while back, mid last year, before it was tested, that I felt the saprolite was lithium based before that was shown to be correct. The theory I have is the pegmatite stringers in hole 3 have not been fully weathered as per what we saw in holes 1 and 2 because in hole 3 the pegmatite stringers themselves are thicker, meaning GPP could be moving in the right direction in finding the main body of the pegmatite (assuming normal weathering conditions throughout the area). Just a theory and wild guess. All IMO

Expand

The hole #3 confirms a lot of things. If we add the saprolite of 35 mt from the surface plus the intercepted massive pegmatite of 26 mt down the hole which could add up to be 60 mt plus lithium bearing asset. Interestingly this could mean we have a very shallow asset from the surface which everyone is after.

GPP Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
15 Upvote

2 Great analysis

Reply

Top Stories

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 19 more messages in this thread...

First 19 Last

Add GNM (ASX) to my watchlist

(20min delay)
Last 1.2¢		Change 0.000(0.00%)		Mkt cap ! $1.855M

Open	High	Low	Value	Volume
1.2¢	1.2¢	1.2¢	$221	18.39K

Buyers (Bids)

No.	Vol.	Price($)
3	2301000	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.3¢	144435	1

View Market Depth

No.	Vol.	Price($)
3	2301000	0.011
6	1720994	0.010
3	493330	0.009
6	1739995	0.008
2	229999	0.007

Price($)	Vol.	No.
0.013	144435	1
0.014	200000	1
0.015	50000	1
0.016	166000	1
0.017	210000	1

Last trade - 14.14pm 11/07/2024 (20 minute delay)

GNM (ASX) Chart