SMI santana minerals limited

Ann: Maiden Drill Program Commences at Phu Lon Nickel Prospect, page-10

  1. 2,828 Posts.
    lightbulb Created with Sketch. 74
    Those where the tenements in Chille - pre the Lao tenement pickup
    In Chile they had some decent looking surface results, but when they drilled it looked like faulting had offset the mineralised structure so they didnt hit the zone as expected. I couldn't work out from the information available whether the proposed zone had been upthrust (and weathered away) or downthrust (i.e. still there somewhere).
    SMI I think still hold the tenements, but it will be on the back burner while the Lao exploration goes ahead.
    And Ni sulfides are a very good place to be atm
 
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