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Ann: Minyari Phase 1 Drilling Update No. 3-AZY.AX, page-24

  1. 6,294 Posts.
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    Probably a good summary.

    I personally think these last assays from Minyari will have to really surprise to the upside for there to be anything economic here, including the two targeting IP anomalies. The intercepts are just not consistent enough and are too widely spaced, and too many holes found nothing at all.

    It was worth a try drilling below the historic holes though to see if they could find anything deeper, though.

    But realistically Citadel is the prize. Even if Minyari did come in it was going to be small and not a company maker. Rio's not in this to find a Minyari, they're chasing Tier 1 assets, and they see Citadel as worth a crack.
 
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