WTM waratah minerals limited

Sure, I was just pondering that myself. Good question. 66 is...

  1. 195 Posts.
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    Sure, I was just pondering that myself. Good question. 66 is still 400m south from the diamond drilling and looks from figure 4 to have been drilled too far east of the moly trend that has been extended again from Dalcoath. Although did you note the hole had quartz porphyry in it. That’s very encouraging IMHO. These systems are usually really tight and contained so I’m not reading too much into it not being mineralised based on distance and limited halos of these systems. 200m away from Ridgeway was not mineralised. I would continue to focus on the 100+ ppm Mo and coincident + 0.5% Cu bulls eye right over where those diamond holes are being drilled at Breccia West. Mo at those concentrations indicate they are very close to the potential core there with the breccia supporting a high pressure, mineralised and multiphase system. Revisit Scott Haley’s model! The question is what has 400m years and all sorts of geological events done? Lots of indications it’s preserved. However these systems like to accumulate in highly fractured areas of structural weakness with lots of compartments etc so it’s complicated. The system is not still cooling down like in PNG! Note Ridgeway deeps is completely offset and was right there but took a while to locate. For a while they thought it was suspended system without a base.
 
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27.5¢
Change
-0.010(3.51%)
Mkt cap ! $66.55M
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