Ann: Mt Thirsty Joint Venture Exploration Update, page-8

Disappointing results. The strong Ni% vs. PGE correlation remains R² = 0.937 - see cross plot below. The MTJV assayed values for Ni% (0.09 - 0.12%) are very low compared with the visual estimates of disseminated and heavily disseminated in the field. The three assayed MTJV holes are the green dots at the low end (SW corner) of the chart.

Just goes to show that visual field estimates for sulphides can be optimistic versus assayed results......



Kind regards OldGeo