OAU 10.0% 0.9¢ ora gold limited

Ann: Diamond Drilling Underway at Red Bore , page-17

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  1. 3,486 Posts.
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    actually i think that THX decided not to spend any time or money on red bore (and said as much in various announcements) until there were clear on there title rights. they quit rightly focused their time ad effort on other tenements until the rights were resolved which was only a few weeks ago. they haven't wasted anytime getting things moving since then.

    they did spend some time re-interpreting their understanding of the geology but that had as much if not more to do with Curara Wells than Red Bore, which I do believe is one of the reasons why West Aussie is keen on CW (as must be Richmond).

    I think that THX team definitely think the jenkins fault runs through curare wells and that there are promising early signs of something there… the interpret ion suggest it runs from de grussa through curara wells and on up into SIPA's land where they have Enigma (and the old Thaduna mine).

    The good thing I like about THX is that there is more to it than just Red Bore. Lots of blue sky to add to lots of copper in the ground.
 
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