as I said it is too early to call it a fail but further analysis may show just that.
to point out those NCM holes were really good considering were the first holes to be drilled. two (9101 and 9201) of them returned decent grades and warranted follow-up drilling. While widths were not good enough (considering ~450m cover) the overall results were really good as an early stage effort and NCM should have tried harder.
This is a case where NCM (like many others have done in the past) walked away from the prospect too early and Greenland proved them wrong.
AZY only drilled a single hole at each prospect which makes the result from PM1 to be in the "not too shabby" category and warrant further analysis - which is what AZY are doing.
As I said... with limited budget, AZY will need lot of luck to hit the jackpot there - even if there is significant deposit at one of the PMs.
as I said it is too early to call it a fail but further analysis...
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add AZY (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
-0.001(4.35%) |
Mkt cap ! $106.3M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.0¢ | $619.3K | 30.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2800576 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 2998716 | 8 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| AZY (ASX) Chart |