What i find most interesting from this announcement is that the controls for the mineralisation may not be confined to the cathedrals shear zone. At present it may appear that the ida fault plays a part in this also. Only a small area north of cathedrals has been investigated (FLEM). Perhaps even further along strike nickel fluids may have formed, this is an exciting proposal. As SGQ hold 100% of E29/548.
With MLEM surveys to be completed over the investigators prospect and east of Cathedrals i'm very eager to see new targets being generated. If they do indeed find more in these areas then we could really have something special on our hands.
Then when E29/954 gets granted we will have a new area to explore for further massive sulphides, exciting stuff.
High grade, shallow massive sulphides, what the market is looking for
SGQ Price at posting:
11.0¢ Sentiment: Hold Disclosure: Held
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