There is no doubt we are on to a good thing here .. How good, that is the question. 1000 assays takes its time to all get looked at. Meaning management would have had some decent amount of time between the first lots of assays started coming back compared to the last few. The results were obviously good enough to warrant picking up next door.
REE mineralistion occurs all around the alkaline structure. What are the odds the small section below it is the best grades that can be found. I highly doubt that. These next round of results can push us higher in preparation for a good CR. Take that money and do a large scale drilling program 360 degrees around the structure and define exactly what we have.
Do not discount finding nice grades of other minerals around the zone as well. Could be Cu, Ni, PGE'S, Ag, Au and of course more REE..
12m MC is ground floor. The company has bugger all shares on issue, has found good gold, enough to warrant further investigation in to obtaining a small scale processing plant. Then discovered the REE mineralisation. No time has been wasted looking, searching and more raising. If we have hit the nail smack bang on the head first go the returns will be massive!!
GL Everyone, tomorrow hopefully is a great day!
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