RCR 4.76% 11.0¢ rincon resources limited

Ann: Copper Sulphides Intercepted at West Arunta, page-67

  1. 8,188 Posts.
    lightbulb Created with Sketch. 2596
    Don't get me wrong, I really like the ground and think there's very good potential for a major IOCG copper-gold discovery (clearly why I'm here). They did state the first hole was targeting REE and likely why they didn't nail the gravity high from above like a good school boy, chasing other shadows maybe.

    I will contact Gary because I want to know hole 2 is hitting the gravity target defined and not just fumbling around it. They have better geophys modelling than they're presenting in ASX releases and this will be my other point, more info for the plebs to make an informed assumption (where were the geo logs in today's announcement, more handy than the XRF!).

    "I wonder how many more zones we may have encountered if we pushed the hole deeper"

    Well you would have hit the gravity target and then found out, I'd say many zones and likely much richer.

    "Also of interest is the elevated conductivity signal sitting on top of the gravity model"

    You don't say! lol

    "I wonder if this is the same unit hosting copper in Zone 2?"

    I believe it all connects and I bet the geophys you're not sharing shows mag high running east-west in the south and gravity high above it in the north for 5kms between the two - drill further north into it ffs! Change the RC program, less holes and deeper targeted drilling at the gravity highs (north) and see what the fU&k you get - at least do a few holes and call them Seth's last wish!

    For a $5m MC and how close RCR are to a possible major IOCG copper-gold discovery is just staggering and frustrating - they need to nail the targets with drilling - DD2 fails to hit the mark or Gary shows they're not drilling the gravity highs in DD2 and I'm out for a small loss of what could have been EPIC!



    https://hotcopper.com.au/data/attachments/6060/6060545-c60e061957e78868ceed024d9a4f0782.jpg

    https://hotcopper.com.au/data/attachments/6060/6060562-b5f18d0aa7f85c33b48d41382c1e4837.jpg
    https://hotcopper.com.au/data/attachments/6060/6060578-9991fff06b5dc7e2d8707505a8b9de2f.jpg
 
watchlist Created with Sketch. Add RCR (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $31.71M
Open High Low Value Volume
10.5¢ 12.0¢ 10.5¢ $394.7K 3.610M

Buyers (Bids)

No. Vol. Price($)
4 178160 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 214610 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RCR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.