DM1 0.00% 2.1¢ desert metals limited

Ann: Further Outstanding Rare Earth Assays from Innouendy, page-44

  1. 10,075 Posts.
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    The grades you quote for a JORC resource not drill assays have yet to be achieved by DM1
    Probablem is that the more sub commercial assays the company gets the hope of finding commercial grades fades,
    The project is looking more and more like a large but non commercial deposit.
    Unfortunately, the Nickel and PGE results also miss the threshold for viability.
    The Polymetal cheap processing model posted on this thread is absurd imo
    But exploration is unpredictable, the target zone is highly prospective and DM1 could find high grade Rare Earths, Nickel or PGEs.
    High risk but not a bad bet at this market value imo.
 
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