Moloch has summed things up well. For all the drilling done by...

Moloch has summed things up well. For all the drilling done by TON to date, we see very little of a grade which would even be classified as ore at Balama. And some of that is at a depth of 400 metres or more. It might as well be on the other side of the moon.

TON have a very large deposit. But the question which still remains to be answered is:

Do they have an economic one?


The answer hinges upon whether they can actually locate substantial thicknesses, with good grades, close enough to the surface to be mineable. I wish them good luck with their search, but it looks as if that search still has some way to go.

Cheers, Prime1