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Ann: Drilling of Mongoose Deeps large magnetic anomaly underway, page-162

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rogerdat

6,579 Posts.

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01/06/24

15:38

Post #: 74118684
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Originally posted by srood ↑

Looking very coppery indeed!....
Love the fact most here understand this is a very educated role of the dice. No doubt could go either way so not so many bull sh$t posters nay saying the attempt at hand.

QLD gov excited enough to throw $300 grand its way speaks volumes of the need to figure out what this massive anomaly is.

The fact it's such a copper enriched region at surface steads it must have leached from beneath...and to have Earnest Henry 30/40km away with exacting similarities stands to reason why this is very much worth the gamble.

As posted last week, similarities to Sandfire Resources rise from obscurity are quite apt.

Massive few weeks ahead. A mkt cap north of $2/300 million at 1st release of strike/grade is fathomable. Let alone all out discovery, closer to $800/1b...to start with. This would then be a Teir One Asset.

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Fact is that the feeder system to the districts copper mines remains an enigma.
Mongoose deeps could crack the code

RNX Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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