AQX 0.00% 0.8¢ alice queen limited

Ann: HORN ISLAND ST BARBARA JV DRILLING COMMENCED, page-109

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  1. 583 Posts.
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    ALK's new results were mostly thick intervals but low grades, not very economical at this stage.

    One encouraging sign is that the highest grade hit was towards far east (DD22), getting closer to AQX's tenement.
    https://hotcopper.com.au/data/attachments/2632/2632068-a5e25f29ef51652e4776195ebc2e73b3.jpg

    Still early days IMO, the fact that ALK's getting low grade sniffs everywhere shows just how large the system is. This may very well be another Cadia/Ridgeway, would make sense for an ALK/AQX consolidation, if the high-grade source is proven near their tenement boundary.
 
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