Let's begin to see the size of this bad boy starting with this first drill hole.
Target depth 850m
Drill Depth990m
= 140m
Studies by CSIRO of mineralisation from the Cathedrals Belt have dated the host intrusions at approximately 1.1Ga, linking the mineralisation to the Proterozoic-age Warakurna Large Igneous Province
(LIP) – a very large igneous event that spans from central Australia to the west coast of Western Australia.
In Western Australia, the very large Nebo-Babel deposit (Mineral Resource with contained metal of 1.2Mt Ni and 1.3Mt Cu; see ASX Release by OZ Minerals dated 16 November 2021) is hosted within the Warakurna
LIP.
Phwoar, if we even get anywhere near as much mineralisation compared to this deposit every single one of us will be laughing, this is a much much larger deposits than Sirius Nova deposit, which is a different age and type.
Just firms up believe for a major discovery by SGQ is very near IMO.
SGQ Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held
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(20min delay)