Ann: June 2024 Quarterly Activities and Cash Flow Report, page-39

I have shown RCD042 as a separate hole but it is probably a DD hole using RC42 as a precollar. The grade in the extension was reported 3/6/24 as only going another 3m at a calculated grade of 2.16%.

The distance from 42 to #4 is some 75m scaled in Google Earth and does target the thicker red zone.

The high grade TREO in hole 93 is in the upper zone and does impact the bulk TREO assay over 73m from 57 (residual 0.6%/66m). See tables above.
One possible conclusion is the REE's at depth seldom exceed 1% and even then over only short distances. Very wide hole spacing so there is a lot of room for change. Nb and Phosphate offer way more potential IMO though the deeper levels (~100m vertical) would represent a later phase of possible mining over the shallower (30-50+m) 'blanket'.

Posting public domain knowledge is hardly financial advice. Yes having information like this gives an idea but if the assays don't support it, or a myriad of other issues go awry just a dot on an image.

Anyone interested can go on Sentinel, for free (within limits), and see these data. It is a relatively steep learning curve. I do often say what I post are interpretive (and sometimes give a link to DYOR). The accuracy of the data presented have generally been adequate (<=25+-m and often better) compared to company coordinates - occasional errors but then the companies make those as well (rare).

For around $100 (or less?) you could purchase daily satellite for the 6 sq Km area of Luni where you would see this level of detail or better.
The full image came in at around $1K.
This portion of full image is much clearer than Sentinel.


Rapid improvements in resolution and availability at a cost.

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