ASO 8.33% 1.3¢ aston minerals limited

Company is currently working on increasing the 1.5Moz gold MRE...

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    Company is currently working on increasing the 1.5Moz gold MRE with step out drilling. Announcement of the drilling results are due any time now.

    On the Nickel deposit, company has already determined an incredible 1.044 Billion Tonne Maiden Nickel-Cobalt Mineral Resource.

    I anticipate the next steps will be to target the high grade zones of the deposit to identify a starter pit.

    By targeting the high grade zones the company will quickly increase the size and grade of the current Nickel MRE.

    They already know where the high grade areas are, it's just a matter of drilling and defining the resource, they are not 'looking' for Nickel, this is not a thin sulphide vein, it's incredibly thick, wide and shallow. They already have more than enough Nickel to justify a mine (30+plus years) it's just a matter of where is the best place to start mining that will have best economics to get project through ramp up period.

    I look forward to extension of the gold MRE short term and the very rapid expansion of the Nickel MRE, basically each drill result will continue to grow this monster.

    Regarding macro economics, market is being told that bottom is in, CPI is trending down and FED inflation strategies are working. Positive news.

 
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Last trade - 15.33pm 17/05/2024 (20 minute delay) ?
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Last updated 14.08pm 17/05/2024 ?
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