Black core is the first good sign, means RCR are likely hitting hematite/magnetite which is the iron ore (IO) in IOCG.
Too bad we can't see much more from the picture cause we'd know straight away.
Maybe a teaser, they might be seeing some chalcopyrite which is making them excited (possibly not economic) but distal to the gravity target so may be increasing as they drill towards it - that's the hope anyway.
Exploration is exploration, and a huge dose of luck is always needed.
GL
Seth D
Black core is the first good sign, means RCR are likely hitting...
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Last
9.3¢ |
Change
-0.007(7.00%) |
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| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
9.4¢ |
Change
-0.007 ( 6.00 %) |
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| Open | High | Low | Volume | ||
| 9.7¢ | 10.3¢ | 9.2¢ | 4789142 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| RCR (ASX) Chart |