SHN 3.57% 1.4¢ sunshine metals limited

Ann: Full Year Statutory Accounts, page-3

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  1. 8,570 Posts.
    lightbulb Created with Sketch. 920
    They have certainly been doing a lot of work.

    I am looking forward to good results continuing this year.

    I noticed this on page 11:
    One line of dipole-dipole induced polarisation (“DDIP”) was undertaken at Liontown as a validation and infill
    line against a broader survey conducted in 2017. As well as delineating the Liontown lodes, two undrilled
    chargeability anomalies of similar intensity were identified ~500m south and 1km north of Liontown.https://hotcopper.com.au/data/attachments/6434/6434882-6da36d4d652bce8b85ba31e89bece1db.jpg

    I also noticed this in the Quarterly report and it shows the Sapindinus lode but that is only 35 metres from the Carrington lode.



    The area certainly seems to have a number of opportunities for further discoveries.

    Looking forward to the resource update and it hopefully being announced as a Gold equivalent resource. Also drilling of the pipes at Truncheon and Highway East could provide a fair bit of excitement if they hit the targets they are hoping for.
    Last edited by subi1: 05/09/24
 
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