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Ann: Drilling underway at flagship Collerina project, page-13

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  1. 9,085 Posts.
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    talking to Mick... the NW plunge target is a potential mirror image shoot of Collerina. As per the announcement there's; old mine workings at the top, a decent hit >3% cu underneath, an EM plate trending to, a mag feature 150-200m away, on fault structure

    a potential mirror image of Collerina.

    https://hotcopper.com.au/data/attachments/1870/1870193-f1540461fe8016d5b92a64d204b900e8.jpg

    HLX has talked a lot about the parallel shoots since JORC and I know they're extremely confident on the geology of this (its just jagging them and following them down within the budget/time constraints of a disinterested market).

    But a mirror image to Collerina I don't think has been mentioned until now. If the geology is right and we hit in the NW... following it down with DHEM multiplies Collerina again.

    Despite the shell price tag... these are a big couple months ahead.
    Last edited by sahmee: 06/12/19
 
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