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Ann: Drilling update & Extensive Saprolite Clays at Pocos, page-167

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  1. 10,369 Posts.
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    The company has advised that we should get the results from auger drilling by mid-April, so within the next 2 weeks.

    A couple of observations I've made - SI6 announced during the week that they will be commencing their auger drilling campaign on their tenement which is at the edge of the POCOS alkaline despite the fact that they have ground within the intrusion. Interestingly, our POCOS ground is also on the edge of the alkaline intrusion and can't be too far away from SI6.

    https://hotcopper.com.au/data/attachments/6069/6069427-a9cb963933e30275910f43aeb61bd07e.jpg


    The other thing to bear in mind is that MEI started its meteoric climb from 2c to 22c based on it's initial auger drilling results drilling to 20M

    https://hotcopper.com.au/data/attachments/6069/6069431-a51e0f892c25dfdbf4fc72c53e38da55.jpg
    Now they are absolutely sensational results and our results may or may not measure up, but IF they are anything like these, things COULD get interesting in a very short space of time.

    Please DYOR and GLTAH.....
    Last edited by Glitterati: 30/03/24
 
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