Roti, you are correct. The statement is not saying the grades are low. It is saying that the level of certainty is low because the hand-held XRF machines, which they are proabaly using to initally examine the cores, do not give a high level of certainty about the percent of each metal. That is, they tell the operator that certain metals are present but it is not a good practice to place too much emphasis on the % of nickel or % of copper that the machine is registering (especially for a long-awaited and vital announcement to the ASX). More importantly, the geologists have interpreted from the appearance of the cores, that high levels of "Lynn Lake type" mineralisation exists. They have given photos which confirm the cores are clearly "Lynn Lake type" nickel-copper deposits. So to find the precise grades of the metals, we have to wait until the analysis is carried out over the mineralised sections of the cores. That's all the additiion to the announcement is saying. Amigos, we just have to patient.
- Forums
- ASX - By Stock
- CZN
- Ann: Lynn Lake Sulphides Intersected
Ann: Lynn Lake Sulphides Intersected, page-4
-
- There are more pages in this discussion • 209 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CZN (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $2.671M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
19 | 3521568 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 2140460 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 3521568 | 0.004 |
12 | 6817335 | 0.003 |
9 | 10810500 | 0.002 |
8 | 15300024 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 2140460 | 3 |
0.006 | 2594037 | 7 |
0.007 | 2435298 | 8 |
0.008 | 1061129 | 5 |
0.009 | 500000 | 1 |
Last trade - 16.12pm 13/09/2024 (20 minute delay) ? |
Featured News
CZN (ASX) Chart |
Day chart unavailable
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online