I think whats important here is realising the potential grade and scale of what we have.
For example, both the Porsanger and Porsvann prospects are open in multiple directions, and we have only had very limited drilling on each prospect…
However, from the very limited drilling we have had, we intersected 15m at 2.6g/t 4E from 90m….
Comparing this to GAL’s announcement on 4 August, their best hit was 29m at 2.28 g/t 4E from 143m…
so we have a system that is open like GAL, hitting higher grades from shallower depths than GAL, over slightly thinner intercepts at this stage…
im not saying we have a GAL type deposit, but what I am saying is, its got the potential as we have only drilled a few holes… GAL are going to town…. We soon will too and the geophysics will help us vector in…
Our Norweigan assest is a nice kicker to our Ace (Penikat)….. don’t be fooled… its only just the beginning!
Il just add, GAL's EV is like $175m.... KRMs after the sale of WL, is like sub $10m.... and thats not counting Penikat....
Risk/reward!
Ann: PGE-Copper Mineralisation Confirmed at Porsanger, page-7
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