2426 m of Stage 2 drilling assays to come to complete the MRE area drilling.
Of interest is the greater depth in the Stage 2 area, up to 25.5 m. (average over Stage 1 is ~12 m.). I wonder if we might see higher grades of the heavy minerals at the greater depth ? Also what is the geology of the basement - could the source be in the basement, perhaps a carbonatite structure??
Here is a snip (one of many on the net) of carbonatite formation - it is easy to see how magmatic fluids could mineralise the sand, or the sandstone/granite from which the sand originated.
Could it be that what we see now is just the easy cream to be scooped of something even more valuable ?
Not advice, just my thinking out loud !!
GL all holders -
AHK Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)