Hi balcksheep, yeah not much info out there yet….and could easily just be rumor-mill stuff, i don't know what the hit rate is for 'word on the decline' being true.
That said there is an extensive regional interests development approval (RIDA) for the Anglo exploration project dated from March 2023 that has been lodged with the QLD planning department …if you google ‘Anglo American Diamantina Project - planning’ it will show up.
The document shows plans for extensive passive seismic, ground gravity, CSEM, and exploration drilling focused down in the south-eastern corner of the EL permit area. Doesn’t necessarily mean that’s the area where a discovery was made, or if they discovered anything at all...but its a starting point.
I’ve been looking on sentinel imagery to see if there is any obvious concentration of recent drilling, but it’s a big area. Plus, I saw this snippet:
https://industryqld.com.au/anglo-drill-program-puts-ct-tech-through-its-paces/
If the drilling to date has been using the MinExCRC small track mounted CT rig, the surface footprint will be hard to pick up on sentinel. But if the rumor is true and they are onto something big then I would expect something to show up on the imagery at some point because you would assume conventional rigs would be required to drill it out. As what happened with Rio's Winu discovery, it wont take long to get out if there is any substance behind it...Winu was a game changer for the Paterson Province. CNB are in a strong position regardless imo (share price disagrees, but that doesn't bother me right now), but it would be a huge boost to the district if Anglo are onto a major discovery...time will tell i guess.
- Forums
- ASX - By Stock
- Ann: Exploration Update - Drilling Recommences
Hi balcksheep, yeah not much info out there yet….and could...
-
-
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
52.0¢ |
Change
0.030(6.12%) |
Mkt cap ! $84.24M |
Open | High | Low | Value | Volume |
49.5¢ | 52.0¢ | 49.0¢ | $139.2K | 276.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 26703 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
52.0¢ | 14229 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 26703 | 0.500 |
1 | 20000 | 0.490 |
1 | 3000 | 0.475 |
4 | 20100 | 0.470 |
4 | 26050 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.520 | 18046 | 2 |
0.525 | 16000 | 2 |
0.530 | 2800 | 1 |
0.550 | 20909 | 2 |
0.555 | 3148 | 2 |
Last trade - 10.48am 04/07/2024 (20 minute delay) ? |
Featured News
CNB (ASX) Chart |
The Watchlist
TON
TRITON MINERALS LTD
Adrian Costello, Executive Director
Adrian Costello
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online