ENR encounter resources limited

6.82%

23.5¢

Interesting, thanks for pointing that out@MinerBrad Hopefully...

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HeathHedger

242 Posts.

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28/06/23

12:34

Post #: 68511384
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Originally posted by MinerBrad: ↑

“Two further RC pre-collars and diamond holes (EAL007 & EAL008) were completed at Crean,stepping out a further 2.0km and 3.5km to the east of EAL001 Both holes contained zones of near surface oxidised and fresh carbonatite that is variably anomalous in niobium and REE via handheld pXRF field analysis 1”they found a dyke to the west in EAL001 which they follow to the main Carbonatite plug to the east in EAL007 & 8.

they also state that there is Niobium in the oxidised layer.

they go on to state that the oxidised layer (which accounts for the high grades at WA1 is the behind the enrichment at Araxa and Mt Weld.

My read is that they have all the ingredients for another global scale find.

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Interesting, thanks for pointing that out@MinerBrad Hopefully the supergene zones are enriched. I'd overlooked this admittedly.

Lithological weathering profile seems to occur between 60-120m RL.

Starting to make sense now... Hopefully it stacks up for holders.

ENR Price at posting: 34.0¢ Sentiment: None Disclosure: Not Held
6 Upvote

1 Great analysis

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Last 23.5¢		Change 0.015(6.82%)		Mkt cap ! $117.2M

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Interesting, thanks for pointing that out@MinerBrad Hopefully...

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Interesting, thanks for pointing that out@MinerBrad Hopefully...

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