Ann: Drilling Discovers Mineralisation at Grapple Lake Mackay JV, page-35

Hi Salt
your very incisive post was buried a bit there. Its probably worth giving it a bit of air. Also from that announcement was "The JV partners believe that there is potential to unlock a new metallogenic province hosting multiple styles of mineralisation."
I am looking forward to what the next 9 holes from Grapple tell us. When I read your post again the significance of the detail and potential size of the deposit is gripping No wonder the big boys are up and about. I repeat your post below.

"G'day all, Its worth going back over this ann-have highlighted some relevant aspects.

This is ABU's potential bigger picture factor-ATM, obviously should we J.V. Tanami south
& enough drill mts be allocated the discovery potential is also very high, but at the moment
with out doubt the ABU/IGO J.V. is what the market is excited about & some investors are
experiencing some anxiety -results can't come quick enough- for sure we all- self included
want results ASAP .
So in reviewing below we can establish a 14 hole program commenced at Grapple alone,
we received results for 5 holes only-this means results for 9 holes are pending
from the Grapple prospect alone !
Of coarse we also have imminent news pending from the Prowl prospect x8 holes
& springers x 2 holes.
But the potential size of Grapple is massive as seen in image below determined by Moving
Loop Electromagnetic (“MLEM”) survey conductors and coincident multi-element soil
anomalies surveys, just take into account the larger of the three MLEM plate's seen in blue
in the image its approx. 780mts in length running in a west south west direction.
Is it a surprise after the AGM that ABM personal were referring to this prospect as
BIG GIGANTIC-yes you heard right that's its nick name ! & does that resonate ?





I'm not hipping anything I research & focus & this is in my opinion this program is likely just
the beginning ABU & IGO'S J.V. -now have the whole area under tenement application,
yes that's right an additional 9 or 10 tenement applications in that encompass almost the
whole Proterozoic Warumpi margin covering 200km strike of prospective geology & over
260kms east -west.
(see thumbnail image for detailed tenements mentioned)



This has massive potential -the current Grapple Prowl & Springer drilling programme as being
conducted on tenement EL24915 this represents only 7% of the total Project area !
dial in on our M.D.'s last paragraph
Quote
The successful targeting and intersecting mineralisation from the first two limited
drill programs supports the concept, generated from continental-scale targeting,
that the Lake Mackay Project could represent an emerging new metallogenic province.
Matt Briggs
Managing Director
Is it really that surprising the share price has moved approx. 100% upwards since this
announcement was made & ABU"s average daily volumes have increase
by approx.- 400%.
Join the dots follow the money -For those that are just dialing in check out ABU's updated
top 40 registry & review Paddyboy's very enlightening post with regard who's who & the
coincidental individuals whom have the KNACK of deploying capital just on the cusp of
lets just use - BIG GIGANTIC share price moves or take overs.
imo-gltah-especially the strung out one's!
salt