ENR encounter resources limited

Ann: High-grade niobium extended across multiple targets, page-35

  1. 3,410 Posts.
    lightbulb Created with Sketch. 9754
    https://hotcopper.com.au/data/attachments/6462/6462149-85b9cbac55214395dce4244dd60f0a5b.jpg
    Yesterday's Sentinel pass shows the first of the Green RC holes mentioned in the Announcement. Something has happened at sites 489 and 490 as well though not certain what.

    I haven't looked at the numbers in too much detail but the above image does invalidate your comment about A high grade supergene blanket.
    Doesn't mean it will be economic in its own right but as a possible close deposit to Luni (highly likely to be related to Luni if not part of it IMO) which is likely to be a mine this type of high grade, shallow pocket is likely to be a satellite pit.
    Open ended >400m strike, 8 m or so thick (inclined holes into sub horizontal layer), width to be determined but likely <=100m at >2% Nbx.

    The devil will be in the detail to come from infill drilling of 400m spaced aircore drilling across Green.

    A first impression of Green and Crean results today is along the lines of @ozblue's comments. While A/C is better than grab samples the headline assays tend to attract a lot of attention away from what the results might mean in cold hard reality of what can be mined at a profit.
    ========================

    As usual bulk grades hint at some "smearing" from the high grade zones. [As it does for Luni as well in many cases.]
    3 holes from the image above and a fourth for another example.
    Anything above 0.5% residual is likely to come out as part of any mining so some of these halos are not insignificant.
    HOLE IDintersectionsmetresg/t aumpct
    HOLE IDintersectionsmetrespercentmpct
    1499main81.512
    489main381.557
    2FR-TOincl 122.85.6
    FR-TOincl 1104.242
    3115-1230
    51-89incl 20
    40
    incl 30
    5Residual61.16.4
    Residual280.515
    6










    7










    8HOLE IDintersectionsmetresg/t aumpct
    HOLE IDintersectionsmetrespercentmpct
    9534main47147
    500main16348
    10FR-TOincl103.535
    FR-TOincl 1104.343
    1143-900
    47-63
    120
    13Residual370.312
    Residual60.85

    ======================================
    I did miss RC drilling at Crean earlier this month. At least 8 sites probably drilled before the Green holes.

    https://hotcopper.com.au/data/attachments/6462/6462315-70e83c0b8e2f12cf7f1eac03eec63047.jpg

    What constitutes a supergene blanket for you @ lst123??
    If the above two examples are not please explain.

    Disappointing, but not totally unexpected, the carbonatite pinches out to the west. Some nice grades but widths and variable depths will need to be fine tuned by RC. What constitutes a mineable deposit? Unlikely to be Crean given the current results, at least for a pure stand alone deposit - this has been fairly obvious for some time.

    ========================
    Interesting to note Joyce A/C shows carbonatite. Further opens the door to more fertile ground in the Aileron West Arunta.

    Still several hundred collars and holes to be reported.

    Not reported so far for the Green Crean and Hurley areas but interpreted from earlier sentinel imagery.
    Eastern Green - couple of lines,
    Eastern Crean - early interp, Hoschke early interp to north - both may be incorrect or exaggerated holes/sites numbers.
    Hurley west - not reported yet but quite a few sites interpreted.


    Two extra lines at Joyce were interpreted - only the first mentioned in the announcement.
    Last edited by salpetie: 16/09/24
 
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