Ozblue, I read your post with interest. Unfortunately, I have to challenge your contentions regarding the language used in the 1 Dec 21 announcement.
Your comparisons between the language used in announcements of 1 Dec 21 and 11 Jan 22. appears to be misguided and selective.
You said.....
Not one of the bullish holders here noticed the change in language of the target between the prior announcement and the latest one, so here it is...
1/12/21 ..."The geophysical signature recorded in the seismic survey for the new large target is the same as recorded for the massive nickel-copper sulphides intersected at shallow depths"
No-one bothered to notice that seismic line 1 didn't go over the top of Investigators. Investigators is a few hundred metres East of the seismic line. As @SandyC stated the seismic only looks vertically down. (see location of seismic line in relation to Investigators pg 4, and notice the scale on map).
11/1/22 ... "This large seismic target is modelled with a dip-extent of 450m and located down-dip from and within the same Cathedrals Belt structure that hosts extensive massive nickel-copper sulphides drilled at Investigators.
"Ahh.. It's no longer modelled on the massive sulphides, but on the structure (IMHO means the ultramafic host).Have another read of the 1Dec 21. announcement. It did, as you pointed out, say...."The geophysical signature recorded in the seismic survey for the new large target is the same as recorded for the massive nickel-copper sulphides intersected at shallow depths"
But what you neglected to point out is that the 1 Dec 21 announcement variously referred to structures as you will no doubt realise when you look at these quotations from that announcement: there was this.....
The seismic survey has successfully mapped the complex intrusive structures at Mt Alexander in all three
lines. The main Cathedrals Belt structure is clearly seen in the data as continuing down-dip to the north.
This is consistent with our geological model, which interprets this structure – already confirmed by drilling
as being highly mineralised at shallow depths – as dipping to the north-northwest with potential for
massive sulphides to be present down-dip of the shallow nickel-copper sulphides already discovered.
Modelling and interpretation of the new seismic data have identified a large target along the down-dip
continuation of the Cathedrals structure at depths yet to be explored. The target has the same reflective
properties as the known shallow massive sulphides.
And there was also this....
The intrusive-host structure at the Cathedrals Belt is interpreted from drill hole data to dip to the northnorthwest
at 40 degrees.
The seismic data shows that the Cathedrals Belt structure continues in the down-dip direction into E29/548
(100% St George), with the new large target located within that tenement; see Figure 2.
Line 1 of the seismic survey was completed over an area with extensive drilling at Investigators. The type
of rocks intersected included massive nickel-copper sulphides, mafic rocks and granite. The drill hole data
for these various intersections provides a reference point for interpreting the seismic recordings.
Encouragingly, the reflective properties at the new target are consistent with the reflective properties of
the known massive sulphides identified from existing drill core.
You can see that the language used in the 1 Dec was not confined to massive sulphides (as you stated). it indeed referred to structures on several occasions.
Have a good read of the 1 Dec announcement.
On another point, and contrary to your assertion, the Seismic1 line did go over the top of investigators with near on 500 metres to the west and to the east respectively. S2 went over a point which could be described as West Investigators and/or East West end.
Cheers
Mulac1
(20min delay)