Ann: Exciting Greenfields Nickel Intersections at Lake Johnston, page-48

EUREKA!

We found it, a Mt Keith ore body but longer shallower & with higher grades,
BHP eat your hearts out AGAIN!

I think the market has missed this -

POS just discovered a 14km massive long cylinder ore body longer, larger and at higher grades than BHPs Mt Keith at 7 different location in the WUU at LJ and the large Nova size mill is right on top of it!

14km long strike length at 400m drill distances, 5km of drills,  only 4m composites

thats very long gaps and short cores basically a "reconnaissance" massive tester pattern that might hit or miss at distance or shallowness, yet its produced strong results better than Mt Keith of 0.60%.
thats a massive regional drill campaign and it hit good lodes all around.

This has corroborated the decision to hold LJ for future massive Ni production 3rd in line after BS 1.1mtpa & 2.2mtpa options & like BS it has a HG lode at EA AR & W type open pit type or shallow lower cost ore bodies all along WUU along 14km of strike length with mill built and "turnkey restart" as stated in 2015 by DS.

This is BHPs Mt Keith on steroids.
NH was jumping out of his skin at the 2015 AGM after finding AR which he called a "flying fox (WSA/IGO) but horizontal"
Looks like WUU is a Mt Keith but horizontal too.

We struck gold ladies & lots of it.
This will enable further infill drilling especially around those 1.10% - 1.32% hits to see if these are Windarra type ore bodies and their lengths & depths & if its 400m long and 400m deep then we may well have 7  x Mt Keiths or Windarras here.

"Maggie Hays shows low grade (0.9% average Ni), disseminated sulphides above the eastern contact of the Central Ultramafic Unit. The Maggie Hays North deposit was discovered below the surface at 100-180 metres, by Amoco Minerals Australia in 1981"

This means the MH mine will be proven as just a starter sample of numerous other similar ore bodies all along the WUU & that LJ is the massive mine project area that DS knew it to be.  Genious PH Genious.

LJ is the Jewell in the Crown alright.

EUREKA!


"The WUU structure has been identified along 17km of strike. An initial program of shallow air core (AC) and reverse circulation (RC) drilling to delineate 14km of the interpreted overturned basal contact of the WUU was completed in May 2023. A total of 157 AC holes for 5,081 metres were drilled on 32 x 400-metre spaced lines. Initial sampling was conducted based on 4-metre composites. A further 17 RC holes for 1,556 metres were drilled...
Assay results from the reconnaissance drilling along the WUU has returned coincident nickel sulphide pathfinder (Ni:Co:Cu) anomalous zones within the weathering profile at seven separate prospects, including Roundtop, Raggedy Ann, Johnny Turk, Maggie Hays North, Maggie Hays West, Windy Hill and Jaymee Ruth (Figure 2). The pathfinder anomalism includes Ni > 0.4% (at times Ni > 1.0%), Cu >150ppm and Co >500ppm have also been confirmed over prospective cumulate phase ultramafic rocks at various locations along the belt"