STK 14.3% 12.0¢ strickland metals limited

Ann: Exploration Update, page-41

  1. 4,195 Posts.
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    Hi all.
    @Resurgam
    Good point mate.
    When you have very few drill holes, understanding the geometry of the ore body is of high priority.
    They first need to establish depth and then how it is disseminated and hence prove the theory of-
    eg: that the BIF is mineralised as they think.
    Once this is done in a systematic way, they can somewhat assume the have the theory correct and comfortably step out.
    I still think those step outs will be to extend the strike and depth systematically.
    Just look at the extension of the first hole which came as a very pleasant surprise.
    An example of this is DEG.
    They have two incredible ac holes, by memory they are BWAC185 and BWAC211.
    They were part of the initial discovery.
    They still have not tested that area as yet after 4 years or so.
    Any other explorer with ac holes like that would have drilled forthwith but that discovery is still growing strongly.
    When I questioned them about when they will get back to those holes, the response was-
    "At the moment they are just a distraction to the main event."
    12m oz or so later and they are approaching them which lie to the west of the Eagle ore body.

    Great Western is very exciting to me but it too may be a distraction for the short term.

    Let's watch and see while this unfolds and have these Q's ready for a meeting if we get the opportunity.

    Hope that makes sense.
    Kind regards, Wack.
 
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