As I have limited geo. knowledge and I am curious what educated people believe Blocks 2,3,4 and 5 could be worth in IO value or potentially vanadium?
Interestingly in none of the announcements could I find the strong maganetic showing to the west of Block 1 on the detailed gravity survey. According to the survey it has much higher readings than Blocks 2,3,4 and 5; therefore I would assume it should be considered for drilling before prior to the others. Can anyone confirm the anomalous block to the west of Block 1 belongs to MXR and if so why has it been excluded from the company announcements to date?
Could we expect potentially another 500 million to 1 billion from the other 3 blocks or is the IO content likely to be too low?
I would be very interested to hear a geo's thoughts on the likely IO in the 3 significant Blocks or potential IO value of the anomalous block to the west of Block 1.
Cheers!!!
***Unfortunately I don't know how to post the image of the survey.
MXR Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
