WA1 1.92% $13.27 wa1 resources ltd

Ann: June 2024 Quarterly Activities and Cash Flow Report, page-83

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  1. 3,185 Posts.
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    Sentinel pass cloud free on 5/9. More of similar activity to last few passes.
    Interpretive comments below DYOR.
    Suspect the 320x150 spaced access and site preparation is now complete with only one new site (magenta diamond) prepared in period.

    https://hotcopper.com.au/data/attachments/6439/6439158-b57e4b0c55b36552843defbefa9a6b54.jpg
    No sites interpreted as drilled in period with only two that may have been drilled earlier on the WA1 side (open white circles).
    [ENR's Emily showed not obvious activity in period.]

    Time lapse for all of Luni
    https://hotcopper.com.au/data/attachments/6439/6439164-826af07c8723ba46e3c522c1c197fa84.jpg

    Summary of activity for last 5 days
    https://hotcopper.com.au/data/attachments/6439/6439176-3a49de49d212474d99d0a5312f208b48.jpg

    I have compiled the last 20 days of activity shown in images like the one above into my Google Earth data base.
    Not super happy with the results which are to be treated with caution. Significant overlap with dates that could be from many issues. All will be revealed in due course when WA1 report collar details. [Some assays will be there as well and of more interest to most.]

    https://hotcopper.com.au/data/attachments/6439/6439217-23e0917f2428e927e3ccdc89e6e00ec7.jpg

    Complex legend
    Stars recent interpreted drill sites (colour corresponds to 5 day period but not too important).
    Black circles earlier 2024 site prep+- drilling which is not well defined. Green circles site prep not drilled (apparently). White circles 2023 drilling.
    Blue hexagons 2023 diamond drill holes
    Magenta circles July/August site prep with most being drilled.
    Solid Yellow outline current, rough, envelope of 100m spaced drilling which may lead to an indicated resource calculation. This partial area of Luni is some 500,000 sq meters open in many directions.

    Drilling is ongoing to the above will change.

    ========
    3 holes drilled(?) in central Luni

    https://hotcopper.com.au/data/attachments/6439/6439288-01c5cfc1c222d95401dada5d0c9cd512.jpg
    3 holes - yellow stars - complete 100m infill on line with 2023 holes 9-11 where results were weaker than to the east Eastern hole infill with probably better results expected.
    Simple quick and dirty assessment of assays with colour codes. Very good continuity of a 2-4% Nbx core with thick intersections but might be deeper than much to the east.
    LUDD23014incl93.6116.222.63.77
    LUDD23015
    60.790.7301.05
    LURC23009
    135156210.24

    LURC23010
    56116600.61
    1LURC23010incl586021.68
    2LURC23010incl667261.33
    3LURC23010incl11411621.1
    Nbx%

    Selection of assays.





 
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