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Nice recent hits on a prev known and drilled Zn deposit My quick...

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    Nice recent hits on a prev known and drilled Zn deposit

    My quick thoughts are flat lying (Good) and shallowish (Good) open pit'able likely to be large (Good)

    800+ km as crow flys from WA Coast (not so good) longer by Road no existing infrastructure that far in

    Jorc Target is Med grade @ 4.5% Zn Avg (Note: 2.5% Zn Is consider low grade)

    Some High Grade hits (above 10% Zn) are good sign would like to see much more of these.

    Will it be economic ... hard to tell this early.

    Joint owned ZNC and RTR?

    Given 80% rally over the last week (10 -18c) clearly the news has been leaded out so some of news already in price already


    But reasonable announcement thus far IMHO
    Last edited by Freehold: 19/04/21
 
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