27c valued at 234c before upgrade next friday?, page-52

This is interesting from their website:

During the 2008 field season, a series of anomalies identified from the 2007 airborne radiometric survey were followed up with geological mapping and ground based-radiometric surveys. This confirmed numerous new zones of lujavrite (host to multi-element ores at Kvanefjeld; see Kvanefjeld section), that clearly warranted drill testing. The targets are labeled K2 through to K8.

Late in the 2008 field season several holes were drilled into the K2 prospect, with thick intercepts of lujavrite intercepted in all holes. K2 appears likely to represent a continuation of mineralization from Kvanefjeld. A couple of holes were drilled into the K3 prospect, and a single hole was drilled near the K4 prospect. This drill hole was of particular interest as it was drilled to nearly 400m depth with lujavrite the dominant rock type throughout the hole; an extraordinary result (see section B-B”). The hole ended in lujavrite.

From this initial phase of drilling into the regional multi-element targets, a picture began to emerge; that mineralised lujavrite is much more wodespread than outcrops would suggest. A final hole was drilled near the K6 prospect on the edge of Lake Taseq. The hole intercepted approximately 200m of naujaite, before intercepting significant zones of lujavrite. This strengthened the theory that despite limited outcrops, lujavrite is likely to be continuous across much of the northern part of the complex from near surface to moderate depths. Kvanefjeld now appears to be just the beginning.