From what I have worked out so far in Caralue Bluff we have 85 holes above the cut off grade of 350ppm TREO with those 85 holes averaging out to about 700ppm per hole, with 2343ppm being the highest so far, the cut off grade REEs are being found from 9.9m on average, with the 3 shallowest holes from 1m, the average interval is 13.4m thick (including the holes with multiple intervals in 4 of the holes, if we were to add those together the average *intervals* per hole would be 14.36m thick), with the thickest interval being 35 metres thick.
What about the other 72 from the 157 holes reported so far? From what I have read 15 holes were not able to penetrate a hard silcrete or ferricrete layer and 25 were drilled shallow unweathered Granite (I did not find a further mention of shallow unweathered granite after the quarterly report, unless if I missed it) and the rest must have been under 350ppm.
The remaining 103 drillhole results from Caralue Bluff are coming back anytime now and due by the end of July this week, (may not see the final results announcement until early next week though.)
ITM Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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