WR1 4.39% 54.5¢ winsome resources limited

Ann: Clarification on Drilling - Update, page-48

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  1. 786 Posts.
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    I note some posters angst with reporting on some of these results and to some degree I think some degree of scrutiny here is warranted, but the tone of which it is expressed and the reasons it is expressed is not not in good faith (they own another Canadian lithium explorer). But WR1 haven't provided collar locations or dip/azis and so there is some merit to their claims.

    Below is the Adina area provided by WR1, followed by the next 3 images which are all taken from MTC's release on the 19th Feb 2018. Of particular interest is the fact they have noted thick pegmatites which are dipping somewhere between 48 and 75 degrees which they have estimated from the host rock foliation.
    https://hotcopper.com.au/data/attachments/4789/4789320-6260de0bf8a96acc97b6f839541f2a70.jpg
    https://hotcopper.com.au/data/attachments/4789/4789329-1a855709b8741a650eb4de136acb7c38.jpg
    https://hotcopper.com.au/data/attachments/4789/4789333-8f60a5b159bb98cf9c7ac844d5e57c8c.jpg
    Pegmatite in orange.
    https://hotcopper.com.au/data/attachments/4789/4789346-0e5cd1d6fd58c8d7b14e0962ddaf59b2.jpg

    Two drill holes, assumed to have been drilled on the same, or roughly the same, collar, just opposing azimuths (directions) at 45°. AD-22-005 intercepts 80m of pegmatite, followed by 72.5m. Opposing drillhole AD-22-005a intersects 23.6m from approximately the same interception at surface (3/6m).
    Inference? Almost conclusively they have drilled down-dip of the pegmatite and the true width is going to be substantially less than 80/72m. Image is illustrative only as they have not provided collars, dips, azimuths, depths etc.
    https://hotcopper.com.au/data/attachments/4789/4789410-3d99711b1279fb8d593d89c61f9c49f2.jpg
    https://hotcopper.com.au/data/attachments/4789/4789440-749dcf103c70599e76f60e15d758ba39.jpg
    As per page 12.
    https://hotcopper.com.au/data/attachments/4789/4789401-81106bd673555b700762ea5d5f55890b.jpg

    And I got a good chuckle out of them having to address the ASX with the fact they identified spodumene.
    So in response they stated visual observations, but provided no numbers of their estimates, so it's really not an estimate is it?
    Blind Freddy can see the spodumene. Cautionary note is rubbish. There's lithium in those pegmatites.
    https://hotcopper.com.au/data/attachments/4789/4789459-6fddce3153e0dde4b7ff91ea3758db46.jpg



 
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