Yes, I get you. I also understand the 25m difference at the bottom. However, at this stage I would like to see them stepping out further. They are almost doing infill-type drilling before they have delineated the extent of mineralisation. 25m is nothing in mining terms.
I am surprised about the difference in observed mineralisation between DD13 and DD17.
Regarding stepping out further. Look at what CHN is doing (disclosure: I dont own any CHN, hence I am not trying to cross-promote). IMO, LEG is too conservative at this stage. I dont see the wisdom of drilling essentially a twinning hole (DD17) when we still have no idea of the extent of mineralisation. We have had good AC hits at shallow depths - surely getting a diamond rig a couple more than 2m (or even 20m) away from existing holes is now required.
All up, I am a bit perplexed by the strategy (or lack thereof). Are they trying to rapidly build up a Jorc on a small resource, or are they trying to find how large the system could be within the larger Mawson footprint? They way they are going, it almost seem like IGO has asked them to get a little satellite orebody ready.
- Forums
- ASX - By Stock
- LEG
- Ann: 30m of Massive Sulphides in RKDD017 & RKDD013 Assays, Mawson
Ann: 30m of Massive Sulphides in RKDD017 & RKDD013 Assays, Mawson, page-28
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LEG (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.00M |
Open | High | Low | Value | Volume |
1.2¢ | 1.2¢ | 1.1¢ | $3.294K | 276.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 157758 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 1933510 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 157758 | 0.011 |
5 | 2148500 | 0.010 |
5 | 3366111 | 0.009 |
4 | 1558800 | 0.008 |
5 | 7842857 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 1933510 | 6 |
0.013 | 1322906 | 6 |
0.014 | 809823 | 1 |
0.015 | 2100000 | 2 |
0.016 | 557000 | 4 |
Last trade - 10.09am 21/08/2024 (20 minute delay) ? |
Featured News
LEG (ASX) Chart |
The Watchlist
CC9
CHARIOT CORPORATION LTD
MD - Shanthar Pathmanathan, Geologist - David Trabert
MD - Shanthar Pathmanathan
Geologist - David Trabert
SPONSORED BY The Market Online