DM1 7.14% 2.6¢ desert metals limited

All the images we have discussed to date, have been a bird's eye...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,476 Posts.
    lightbulb Created with Sketch. 826



    All the images we have discussed to date, have been a bird's eye view of the 10km-15km-20km strike length x 5km wide REE mineralization at Innouendy.

    DM1-20km-strike-length-confirming-REEs.png

    On page 4 of the Quarterly Report, DM1 has included a cross section (looking at the deposit side on) image of the 70-80metre intercepts, to show the thickness of the REEs and grades.

    What DM1 is trying to show is not only the thickness of the REE clays but also that they start from surface and are consistent.

    Most REE clay deposits around the world are between 4metres and 30metres thick, DM1's REE deposit at Innouendy is 16metres to 80metres thick.

    If we use London's iconic "Gherkin" building in the City's Finance District as an example. This building stands at a height of ~80metres (40 stories high), this is how thick the REE Clays are in certain areas at Innouendy for long distances....we'll get a better idea of how long these are with the 11,000m of assays that are imminent...


    30 St Mary Axe Tower / Foster + Partners | ArchDaily

    DM1-Gherkin-40-story-building1.png


    DM1-Cross-Section.png

    When you couple a footprint of between 60sq kms, 80sq kms to 100sq kms together with thicknesses of between 16m to 80metres of High Grade, Shallow, High-Value Rare Earths at Innouendy, no wonder the company believes this may be a "Globally Significant REE mineralisation......"

    DM1-Multiple-Critical-Metals-2.png
 
watchlist Created with Sketch. Add DM1 (ASX) to my watchlist
(20min delay)
Last
2.6¢
Change
-0.002(7.14%)
Mkt cap ! $6.901M
Open High Low Value Volume
2.8¢ 2.8¢ 2.6¢ $9.473K 363.0K

Buyers (Bids)

No. Vol. Price($)
4 125253 2.2¢
 

Sellers (Offers)

Price($) Vol. No.
2.8¢ 175309 1
View Market Depth
Last trade - 15.57pm 19/11/2024 (20 minute delay) ?
DM1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.