TAR 0.00% 0.7¢ taruga minerals limited

For those new to the story it would pay to look at today's...

  1. 316 Posts.
    lightbulb Created with Sketch. 36
    For those new to the story it would pay to look at today's results in the context of the mapping and IP work announced in the 8 March news release: https://www.asx.com.au/asxpdf/20210308/pdf/44tfk9lxsw3sx8.pdf

    "The mapping further identified a number of parallel mineralised breccias as shown in Figure 2 which reported up to 11.6% Cu and 23.2g/t Ag". The map today shows 3 holes were drilled in Worumba 21 where they had high grade rock chips and had mapped a mineralised breccia at surface. Resuts from that still pending.
    https://hotcopper.com.au/data/attachments/3143/3143665-5ea31670ce8c0b9d4d310b8e4cdfb17f.jpg


    The predictions for the location and orientation of the IP anomaly appear to have been borne out in the drilling today, suggesting that IP will be a useful tool to following the mineralisation along strike, and identifying parallel mineralised zones.

    https://hotcopper.com.au/data/attachments/3143/3143657-f4d018cee89015817d2553f9de036fc4.jpg

    Finally I note the 8 March release showed that "many of the IP sections show increasing chargeability anomaly values to depths of approximately 250m below surface and often show an increase in width at these deeper levels as seen in Figure 7" - suggesting the changeable body either increasing in width at depth or a second parallel body.

    https://hotcopper.com.au/data/attachments/3143/3143719-b9611847051cfc1416ef20ae3dd32ffb.jpg
 
watchlist Created with Sketch. Add TAR (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $4.942M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $3.5K 500K

Buyers (Bids)

No. Vol. Price($)
12 2321483 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.7¢ 690625 2
View Market Depth
Last trade - 11.17am 15/08/2024 (20 minute delay) ?
TAR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.