Amani v Blackcraig, page-4

First 4 Last

Share
Profile

Follow
Jhilly

630 Posts.

139

17/04/21

07:53

Post #: 52533407
Share

Originally posted by 96Blitz: ↑

I tend to agree with you BoonTime in that Blackcraig will be the first drilled once treasury funds are secured in conjunction with our Companion Equity. It's my understanding ME is quite keen on Blackcraig and was bemused when the market washed over those 30% Zn, 9.1% Pb, 7.4% Cu and 36.1g/t Ag rock chip results. Another moment where WKT was bashed by the group I suppose.

Anyway the old-timers didn't dig down 150m into hard rock and expecting to go further only to be pulled up by constant ground water that became so problematic they gave up. Not a problem for the modern mining methods of today. If drill results were to confirm a resource of this depth an open cut mine would be required costing anything either side of $1B to establish. Not a bad problem for WKT Management to have.

Is an open cut mine a genuine possibility? Well IMO yes! The Scotland Exploration Update Announcement on 4th of June last year shows that the ground magnetic survey shows interpreted structural lineaments parallel to historical mine works. In short, lava flow from a source. Now I'm not about to suggest a potential VMS target like the 3 we already have in our Northern Ireland gold project, but lava flow is lava flow. I guess we'll have to wait for those drilling results. DYOR.

p.s. Any takers for Amani?

Expand

I'm in for Amani, I think that could be a very interesting site!

Going to be great seeing regular updates on all our sites now that this major hurdle is crossed.. while construction occurs at Lindi we will have other projects progressing in parallel I'm excited!

Last edited by Jhilly: 17/04/21

WKT Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
22 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

LML

Lincoln Minerals to kick off fieldwork at Yallunda uranium project in the nuclear state, SA

TNC

True North shares jump on positive activity report as Cloncurry aims for Q1 production deadline

WML

Woomera kicks off 2-pronged drilling at Mongolia's Bronze Fox Cu-Au play

QGL

Quantum Graphite snags new exploration licence in SA ahead of maiden drilling

There are more pages in this discussion • 121 more messages in this thread...

First 4 Last

Add WKT (ASX) to my watchlist

(20min delay)
Last 9.9¢		Change -0.001(1.00%)		Mkt cap ! $66.45M

Open	High	Low	Value	Volume
10.0¢	10.3¢	9.9¢	$16.23K	162.0K

Buyers (Bids)

No.	Vol.	Price($)
1	28040	9.8¢

Sellers (Offers)

Price($)	Vol.	No.
10.0¢	142107	2

View Market Depth

No.	Vol.	Price($)
1	28040	0.098
2	66905	0.097
3	73820	0.096
4	142895	0.095
2	200000	0.094

Price($)	Vol.	No.
0.100	142107	2
0.105	225965	4
0.110	1241213	7
0.115	353198	6
0.120	477177	4

Last trade - 16.10pm 14/10/2024 (20 minute delay)

WKT (ASX) Chart

Amani v Blackcraig, page-4

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Lincoln Minerals to kick off fieldwork at Yallunda uranium project in the nuclear state, SA

True North shares jump on positive activity report as Cloncurry aims for Q1 production deadline

Woomera kicks off 2-pronged drilling at Mongolia's Bronze Fox Cu-Au play

Quantum Graphite snags new exploration licence in SA ahead of maiden drilling

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Amani v Blackcraig, page-4

Top Stories

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Lincoln Minerals to kick off fieldwork at Yallunda uranium project in the nuclear state, SA

True North shares jump on positive activity report as Cloncurry aims for Q1 production deadline

Woomera kicks off 2-pronged drilling at Mongolia's Bronze Fox Cu-Au play

Quantum Graphite snags new exploration licence in SA ahead of maiden drilling

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News