PEN 4.55% 11.5¢ peninsula energy limited

Ann: High Grade Intersections at Barber Extend Mi, page-17

  1. 13,363 Posts.
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    re: Ann: High Grade Intersections at Barber E... More than just "nice" Raks...this is far better than I first read.

    Put simply for those that don't quite comprehend what PEN is doing and what they are finding. This is the equivalent of finding the MOTHERLOAD.

    Read the last paragraph on page 5 below Figure 4.

    "The roll front delineation methodology, as shown in Figure 4, basically requires a drill pattern, which places one hole on the oxidised side and one hole on the un- xidised side. These initial wide-spaced holes are intended to intersect a roll front trend. However, every hole that has been drilled to date has encountered uranium mineralisation. This is considered to be a very good indicator that roll front nose deposits are in the very near vicinity. Over the next two months infill drilling will be undertaken to pinpoint the location of the roll front noses themselves."

    What a "nice" problem to have ;)
    Encountering uranium mineralisation in EVERY HOLE DRILLED.

    The infill drilling is what I have been waiting for. This will display in simple terms how good Lance really is!


    Bring on the ROLL FRONTS!
 
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