Hi All
Loving the post and the excitement .
Its looking like ESR are on verge of something significant in Timor-Leste , this current hole is the completion of the first …what do I expect or hoping for
Its very hard not to get excited but I need to have my feet on the ground, ive been burnt many of times (not on ESR but other stocks) thinking results were going to be the best any company has ever released, my expectations exceeded reality ….a bit like when I go out with my girlfriend to a party thinking im going to get lucky but the reality is im passed out on the couch before 11pm.
Considering were this project is located in the world it might/could be similar to Groote Eylandt Mn deposit.
Facts about Groote..thanks to AI
Overburden:
The manganese ore is covered by an overburden of 3 to 12 meters of other sedimentary layers. ESR the limestone is our overburden might be the same thickness??
Extent:
The orebody is described as an almost continuous layer, covering an area of about 50 square kilometers. …I don’t know the answer to this but its well documented that ESR strike(noni formation) goes for klm and klm
Thickness Variation:
While the orebody averages about 3 meters in thickness, it can range from 1m up to 11 meters in some areas. …So the avg is 3m I didn’t know that until now, ESR got 6.4m im expecting north of that , 11m would be great !! in fact more than great bloody fantastic , so im going for 50% more than 6.4m … im hoping 9m ish give or take..That would be an awesome start.
The Kalahari Mn field looks to be different…once again thanks to AI
The Kalahari Manganese Field contains manganese ore deposits with varying thicknesses, primarily within the Hotazel Formation. The lower manganese orebody can be up to 45m thick in the southeast, but thins to 5-8m in the north. Other ore bodies, like the middle and upper orebodies, are thinner, with the middle one often absent in the south
Not every hole is going to hit Mn especially in the early days but im super keen to see what they get in the 350m extension area.
Im expecting the experts on this chat to have a different point of view, but all I know its early days im riding this one out and staying awake past 11pm and getting lucky.
GO ESTRELLA!!
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