Its broad spaced aircore so will probably be proving up areas for infill aircore drilling and or some scout RC and diamond drilling. Lots of drilling in what looks like weathered mafic rocks so not very 'visual' mineralisation - will be waiting for the Ni and Co assays from Grimlock and Swoop. Very remote location and any mineral discovery will need to have massive grades and tonnes to justify cost of infrastructure.
Phreaker looks encouraging and a pity that the aircore rig broke on the first hole into Raw - its interesting that IGO still want to do deeper drilling at Raw despite not having the aircore drilling coverage, Au and Bi anomalies surely suggest some sort of Tennant Creek style mineralisation?
I'll be hanging out for the Grapple results - always liked Grapple and progress has been frustratingly slow for that, so hopefully if the recent holes at Grapple turn up something good then it might prompt a serious drill program in the future.
PRX Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
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