ENR 13.3% 34.0¢ encounter resources limited

Ann: A$10.5m Placement to Advance West Arunta Exploration, page-4

  1. 3,001 Posts.
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    WA1 will do a lot more drilling at Luni as you suggest. Where, will be prioritised and partly controlled by the variability stats obtained by drilling the X at 28+-m spacings.

    Quick and dirty summary of drilling, assayed holes, pending and site preparation

    https://hotcopper.com.au/data/attachments/6082/6082190-3042cac80c465d33fd4bcdf872ca57ab.jpg

    Hole 13 is IMO an average Luni grade intersection, more NW than NE. Assays from 26/9/23
    LURC23013incl3776391.15
    1LURC23013
    5167161.98

    The colour coding from WA1 in their latest announcement for 13 is orange/tinged red and not full red used for the better grade/length holes.

    https://hotcopper.com.au/data/attachments/6082/6082197-8e028c0ad94b4ee89e66745edf38fb87.jpg

    Pedantic - apologies.

    ENR's wide spaced drilling begs infill which will begin this month-probably. In this area north of Luni there is Emily to the NW which looks more open to the south and perhaps a little potential west of 98. The assays on ENR ground NE of Luni are mostly background Nb over large intersections suggesting a carbonatite host that extends from Luni. Grades are mainly below 0.2% Nb2O5 with 2m at 0.42% in Hole 82 the highest.

    The area directly north of Luni, on ENR ground, has narrow patchy zones of mostly 2m at approx 0.1+%. Fenitic margin to main Luni zone???

    Too much data to really do justice to which gives a hint of what is going on and what might be.



    Last edited by salpetie: 05/04/24
 
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