Interesting question you have mentioned Cosmoterios, there are...

Interesting question you have mentioned Cosmoterios, there are many reasons for such a scenario.



Firstly one needs to try to understand the complexities of Dykes & Sills, a pic from one of my earliest text books from the WASM&M (WA School of Mines and Metallurgy) Kalgoorlie of the 1970's. Exploring them and the challenges associated with them can be like untangling a spiders web !



The exercise is more often than not, time consuming and expensive, especially when one is defining target zones purely on the basis of Magnetic Susceptibility.

Magnetic susceptibility zones can be of both mineralized and non - mineralized formations.

Looking at the host rocks, those of the Yilgarn Craton, which includes the Norseman region, reveal examples of magnetic susceptibility, but, are barren in terms of economic minerals.

Those host rocks which reveal magnetic susceptibility can include tholeiitic basalts, differentiated **bro's, serpentinised komatiitic peridotite, weakly magnetic pyrrhotite, pyrite, and of course magnetite and weathered hematite, all revealing magnetic anomalies. But, they are classified as non mineralised or of no economic significance.

However, it is possible that sections of this parent sill have, or, possibly been influenced by their basement rocks and or the cross cutting paths of these Sills have formed a barren section and or a mineralised section of this N - S parent sill. It appears to me that the NE line of "mineralisation"may be of a separate source?

In the meantime, with heaps more drilling required in untangling "this spiders web" you can only sit & wait. Exploration history in this area has challenged many over the years, and they have conceded what most explorers do with these types of complex formations, it is better to keep the money in the bank if you have any left after the exercise.

I trust this doesnt muddy the waters for those holding their breath in anticipation.

I very much liked GAL in the early days, but like a lot of explorers, nearology to known deposits does not always hold strong in terms of MarCap. I enjoyed trading this stock, especially 2021 - 2022, currently I am on the sidelines, just watching.

If there is anything that I have learnt over 20 + years of trading in terms of Tips & Traps is;

"The early bird catches the worms"

But remembering ........

"The second mouse always gets the cheese"!

Good luck to ALL in 2023 may it work out well for you.