What makes you think I need educating me on greenfields exploration or the history of Yilgarn carbs, I'm the one putting up peer comps and industry economics for a perspective on what results and management's enthusiasm really mean for the project and holders.
You don't realise it, but DRE have been engaged brownfields exploration on the other half of the Yangibana Gifford Ck carbonatite RE project. The likely source carbonatites are newly discovered central to the areas RE mineralisation, but after 10 years exploration by HAS the exploration process is pretty straightforward. More than straightforward, they are simply pattern drilling the Carbs at 160m spaced drilling, then infill drilling better results to define higher grade areas, infill further for MRE etc until whatever they find is well defined.
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If its there, they will find it."... pattern drill anything and you will find it lol, doesn;t take geological genius. Good project generation geos are the rainmakers, once the deposit style locked down and targets delineated (geophysics, geochem, ground truthing, rock chips in this case) it's drill baby drill. Economic carb hosted deposits are large. Moutain Pass fresh rock hosted Sulphide Queen orebody at 700m x 150m is probably the smallest. Weathering spreads mineralisation near surface in carbs, such that whatever primary orebody exists will have a larger footprint and thus even easier to find.
Not sure how you know Tuck and Crowe have borderline photgraphic memories, assume you worked with them both at some stage (maybe you are on the DREam Team now), but it's good to know your posts come with a personal bias. Not sure how much exploration experience you have, but pattern drilling for a deposit style greater than 200m x 200m with a 160m x 160m pattern makes it virtually impossible to miss. "The fact that they have even found a sniff of rear earths on their first carbonate target is a huge success"... that's straight from Tuck's “Our first pass C1-C5 drilling is like throwing darts at a dartboard while blindfolded. So, the discovery of a large-scale zone of rare earths at C3 is remarkable." both completely wrong and misleading spin. Understand how non-geo's might buy it, but even a geo fresh out of Uni would know you pattern drill a carb to 160m centres if it's material in size you will find it..."Point is, no matter the style of mineralization it is likely highly heterogeneous. You cant just take the results from C3 and write off all the carbonites in Mangaroon."... I'm not doing that, neither is anyone else I read. Like everyone else, I'm following exploration as they drill targets and release results. My angle is to consider what the results mean in terms of economics and value potential for DRE. That involves geological interp, peer comp, industry analysis etc to put context on grades that for most readers means absolutely nothing besides 'the numbers look high' and 'if management like it then so do I'...
I'v e done a hell of a lot or work on HAS feasibility studies, and feel I have a pretty good handle on the economics and deposit metrics required from the ironstones and RE component of the Carbs. After some research this week I have a much better understanding of the industry and peer deposit comparison for what Ti-Nb-P-Sc results mean. REE Cummins carbonatite I already have a very good knowledge of, and it stands as the closelest relevant comparison to C3 to go to school on. As drill results roll in for the rest of carbs, we are all in a better position to place those numbers in economic context and react accordingly with the share price.
C6 is especially interesting being a completely separate possible carbonatite intrusion to the C-suit central to the Yangibana mineralisation. That physical difference increases the chance of a step change in grade from the C-suit, which is likely to deliver more of the same style of mineralisation as defined to date. Put another way... C6 is more likely (though still unlikley) to be a Mt Weld look alike than the eastern end of the C-suit carbs imho. Bring it on, I'm excited by the prospect and hopeful it's a game changing discovery.
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