It is rare to see such high chargeability hits in the 40 to 60mV/V, meaning whatever the body underground is, it has a very high conductance. Bear in mind previous drilling in the area hit grade Copper at circa 20mV/V chargeability at the edges of whatever the Orebody is. In this case, in my opinion, it's pointing to Copper mineralisation rather than Zinc, which is not very chargeable and that does not mean Zinc, silver or gold won't be there.
Russgar Minerals did drilling on the Oonagalabbi formation in the 1970,sand intersected grade Cu/Zn/Au/Ag, I will dig out the historic report from GeoRes globe and post it when I have the time. You could type Russgar Minerals in your internet search sites, and research their activities.
Looks like very fertile drill target, in my opinion. Drilling will tell us a lot more soon as the assays come in. Exciting times ahead. Do not forget about the Mt Doreen drill targets and the Lucy creek alluvial Manganese deposits in the other tenements the company has.
The LMS field team are doing some amazing work on site, regardless the weather conditions. They are hell bent on delivering value to all shareholders. I would not be surprised if the do not win the Northern Territory explorers of the year award in April at the AGES conference.
These guys do not sit on their backsides navel gazing, certainly not lifestyle managers. A rarity in the Junior Resources listed stocks and very refreshing!
Just my humble opinion, DYOR
Cheers,
HR
LMS Price at posting:
14.0¢ Sentiment: None Disclosure: Held
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