AMN 3.57% 13.5¢ agrimin limited

Ann: Quarterly Activities Report, page-2

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  1. 4,832 Posts.
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    last word says it all “practicable” …. Just make it happen like all the other Arunta wannabes which have no chance. Tali and amn at least have a small chance of finding a monster deposit imo



    ”Agrimin’s Mackay West Arunta Project covers untested strike extent in the West Arunta region, along trend fromboth WA1 Resources Ltd’s (ASX: WA1) Luni and P2 carbonatites and from Encounter Resources Ltd’s (ASX: ENR)Emily, Crean and Hurley carbonatites, where significant niobium and rare earth element mineralisation has beenfound.Agrimin’s Project has to date had no systematic exploration for iron oxide copper-gold (“IOCG”) or carbonatitestyle deposits, with all prior exploration solely focussed on potash at Lake Mackay. The Project consists of semi-coincident gravity high anomalies, some with coincident magnetic anomalies, which have been identified frombroad-spaced, regional geophysical datasets. These anomalies are considered highly prospective for both IOCGand carbonatite mineralisation. Whilst regional data coupled with adjacent exploration success highlight theprospectivity of the West Arunta, Agrimin will undertake infill gravity surveys to define potential targets for drilltesting.Engagement and negotiation of exploration agreements continued during the quarter. Agrimin continues totarget exploration activities in the West Arunta as soon as practicable.”
 
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