WR1 5.56% 57.0¢ winsome resources limited

Ann: Clarification on Drilling - Update, page-82

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,853 Posts.
    lightbulb Created with Sketch. 996
    Great drawings!
    If the drawing with purple lines representing drill hole 005 and 005a is indeed true, then the true width of the pegmatite body is circa 40m I.e a bit less than double of 23m assuming we drilled right down the centre of the pegmatite (hole 005). Drill hole 005a (done by turning the drill rig 180 degrees from where it was facing when drilling 005), would have picked up about half the width of the (slight variation from the hypotenuse)
    So no, true width is around 40m not 23m (but depends on how far away from the centre of the pegmatite the drill hole 005 was).
    The closer to the right of the drawing the drill hole was done, the larger the true width of the pegmatite body as we then need to add back all the width we missed on the left.

    The same can be said about PMET drill results as well, they most likely drilled right down the middle of the known pegmatite bodies which extended at depth so got those monster 150-160m at 1.65% holes.
    Same goes for Frontier Lithium who hit 300m results, again right down the middle of the pegmatite.

    It seems most of the Canadian assets demonstrate pegmatites extending at depth. So once we confirm around 1.4% for the 160m for hole 005, we fly like PMET and Frontier anyway, since we just replicated the same drilling right down the pegmatite in the centre just like them.

    Not advice. DYOR!





 
watchlist Created with Sketch. Add WR1 (ASX) to my watchlist
(20min delay)
Last
57.0¢
Change
0.030(5.56%)
Mkt cap ! $123.3M
Open High Low Value Volume
54.0¢ 57.3¢ 52.5¢ $1.240M 2.264M

Buyers (Bids)

No. Vol. Price($)
1 46389 56.0¢
 

Sellers (Offers)

Price($) Vol. No.
57.0¢ 33192 2
View Market Depth
Last trade - 16.10pm 30/09/2024 (20 minute delay) ?
WR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.