A11

4.26%

24.5¢ atlantic lithium limited

Ann: Commencement of Infill Drilling and Passive Seismic Survey, page-5

First 5 Last

Share
Profile

Follow
EV_RE100

300 Posts.

411

19/04/23

22:50

Post #: 67365211
Share

Originally posted by WhatsTheTip: ↑

Sorry in advance for anyone who thinks this is cross-promoting but its impossible to show the possible value that was announced by Core on 18th April without going into detail about another company than A11. This is all about Passive Seismic, at least that's my theory.

Core hasn't confirmed why they identified and drilled Blackbeard (and Seadog). The intercepts announced yesterday however have all the hallmarks of being pegmatites that didn't make it to the surface and were identified using passive seismic. If Blackbeard was identified through this technology, that is a huge endorsement of the technology. At this stage it remains speculation as to exactly why Core waited nearly two years and then suddenly drilled in these locations to hit multiple fantastic intercepts.

Looking at Blackbeard, there were 3 exploratory holes that any explorer would love to have. 41m @ 1.63% from 137m, 59m @ 1.54m from 158m and 71m @ 1.05% from 101m (Seadog also had a huge hit at 64m @ 1.77% from 128m). These results weren't step-out drilling on known big pegmatites but at least for Blackbeard and I think Seadog the first time these pegmatites have been referenced.

From the co-ordinates, Blackbeard is NE of Centurion and broadly north of "Northern Reward". It would appear Core had no idea about Blackbeard when they acquired the tenement. The early map from Core noted two dozen pegmatites including Leviathan, Northern Reward and Trojan among others. Blackbeard was not a pegmatite named in the acquisition announcement.

The map below is the early drilling of acquired MLN1148. Blackbeard was not noted as a Historic tin occurrence. Where the drilling occurred was just a blank white area on the map. Based on past experience you would target centre/left and that's exactly what Core did.

Expand

Agree WhatsTheTip.

Useful tech for Ghana exploration.

Also good things to come from drilling out Seadog and Blackbeard. Thick intercepts and good grades.

Last edited by EV_RE100: 19/04/23
5 Upvote

0 Great analysis

Reply

Top Stories

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

The market's shrugged at China's stimulus measures all year. Why is this one different?

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

ESR

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

STK

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

DEG

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KAL

KalGold rolls out detailed aeromagnetic survey across Pinjin project

NAM

ACCC seeks Olam divestments before it can buy Namoi Cotton

There are more pages in this discussion • 1 more message in this thread...

First 5 Last

Add A11 (ASX) to my watchlist

(20min delay)
Last 24.5¢		Change 0.010(4.26%)		Mkt cap ! $159.1M

Open	High	Low	Value	Volume
24.0¢	25.0¢	23.5¢	$41.49K	169.3K

Buyers (Bids)

No.	Vol.	Price($)
4	29797	24.5¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	13000	1

View Market Depth

No.	Vol.	Price($)
2	100000	0.240
4	204617	0.235
2	100500	0.230
2	27560	0.225
3	12773	0.220

Price($)	Vol.	No.
0.255	13000	1
0.260	73066	1
0.270	25694	3
0.275	4000	1
0.280	47186	1

Last trade - 15.57pm 27/09/2024 (20 minute delay)

A11 (ASX) Chart

Ann: Commencement of Infill Drilling and Passive Seismic Survey, page-5

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

The market's shrugged at China's stimulus measures all year. Why is this one different?

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

ACCC seeks Olam divestments before it can buy Namoi Cotton

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Commencement of Infill Drilling and Passive Seismic Survey, page-5

Top Stories

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

The winners & losers on market if negative gearing were gone

The market's shrugged at China's stimulus measures all year. Why is this one different?

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Estrella first foreign entity to win tenements in Timor-Leste under new laws ahead of 2025 tenders

5.6g/t gold intercept at Serbia's Rogozna supports Strickland's hopes for high-grade core

HotCopper users muse on De Grey's denial of Agnico Eagle takeover bid – but who are Agnico?

KalGold rolls out detailed aeromagnetic survey across Pinjin project

ACCC seeks Olam divestments before it can buy Namoi Cotton

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News