Absolutely no comparison though in scale between this announcement and the announcement made today by AW1.
The two holes in the Sandfire ann were 240m apart. The discovery holes announced today for the deeper deposit at Storm were 680m apart. It is the potential scale of the Storm deposit that makes it such an exciting discovery and it is this scale that makes sendimentary hosted deposits so valuble even with high grade intervals only metres thick.
The scale of the gravity anomaly outside of these reported holes at Storm still to be drilled gives very good clues to this being a very large, laterally extensive copper system and that is what is the prize on offer. This gives insight to why they believe this is a major copper discovery.
Absolutely no comparison though in scale between this...
Add AW1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
13.5¢ |
Change
0.005(3.85%) |
Mkt cap ! $69.88M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.5¢ | 13.0¢ | $222.3K | 1.697M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 310000 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 122226 | 9 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
|
|||||
|
Last
13.5¢ |
Change
0.005 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 13.0¢ | 13.5¢ | 13.0¢ | 1201361 | ||
| Last updated 15.43pm 17/05/2024 ? | |||||
| AW1 (ASX) Chart |