ADT 0.00% $4.40 adriatic metals plc

Going through the various cross sections, what I like a lot is...

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    Going through the various cross sections, what I like a lot is the trend of increasing average width of the lens going northwest. Over 200 m plunge direction the width increases from approx. 20 m (Section C-C'), to 30 m (Section B-B') to 40 m (Section A-A') which is at the concession border. The lens seems to be in a sub-basin (see the down warping of the sandstone/tuffaceous sandstone etc. contact.) and is at least 100 m wide down dip. Assuming 30 m average thickness over 100 m width over 200 m plunge at a density of 3.5 (high because of all the barite), this would add 2.1 Mt to the resources at least. This is good for almost another 3 additional years of high-grade production. Given that the feasibility study has 6 1/2 years of high-grade production, these resources will add substantial value to the project. Now the company needs to secure addition mineral rights to the north(west) to chase the widening lens down plunge. There is still lots of upside.
 
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