Ann: 40m @ 1.0% Nickel Equivalent at Double Magic, page-35

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mr_delta

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29/08/18

15:18

Post #: 35268422
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Originally posted by jymtan ↑

The fact that there was no reporting on DMDD0020 and DMDD0021 was really puzzling to me and was the obvious downside of the last report. In my opinion these holes were hopefully company making holes. I have been trying to understand what is happening and why there was no announcements etc... Note, this is just my 2c worth....

What seems really interesting is that in Figure 1 of the report, DMDD0020 seems to intersect a dyke at the point where they would have expected mineralization. Maybe they got half dyke, half mineralization as per figure 1. This is consistent with the declaration of brecciated and massive sulphides in each hole and would explain why DMDD0020 did not fulfill our high hopes

A friend with significant experience in the mining industry explained to me how he has mined mineralisations intersected by dykes and explained how there can be heavy concentrations of mineralizations on the contact points of the dykes (say 4% compared to a 0.5% average deposit). IF this is true, this may have had an effect on DMDD0021 by influencing the location of the gravity high due to the pull of the higher concentrations. As per figure 3, The hole DMDD0021 has zeroed in on the middle of the 'projected' gravity high. I suspect that although they hit some mineralization, it wasn't as expected. If the gravity high projection is distorted by the influence of the dykes contact point concentration of mineralization, then I guess this result is not as surprising.

Anyway, this is just my 2c worth, could be totally wrong, but we will see over the next few weeks. DHEM will give new targets. Exciting times!

Please DYOR

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pardon my mining ignorance but DMDD0015 was drilled 4 weeks or so ago and probably assayed first... the rest of them were done subsequent to that hole and are all in line to get assayed... who knows, they could be getting done as we type this and get reported upon in the coming 8-10 days with the DHEM results + announcement of commencement of drilling...

you have raised some valid points and I request you to email the management directly, they may answer you specifically... no one else can answer you other than them.... and please share their answer with us all... thanks in advance

BUX Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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Ann: 40m @ 1.0% Nickel Equivalent at Double Magic, page-35

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Ann: 40m @ 1.0% Nickel Equivalent at Double Magic, page-35

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