G88 0.00% 1.2¢ golden mile resources ltd

Ann: Quarterly Activities Report, page-17

  1. 1,091 Posts.
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    As @Nowhere Man says- it’s a good quarterly report.


    New Management:

    ·Significant Progress.

    ·Enthusiastic.


    Quicksilver:

    ·Progressing nicely on the NICKEL COBALT base case. “Spectacular Intersections”.

    ·Data improving with each step.

    ·Possibility of Nickel sulphide under current resource. If large enough tonnage could be commercial.

    ·Regional fault with carbonatite magmaticsignature correlating with REE mineralization and other indicators, like Phosphorus– see announcement 8th June 2023- “Potential primary REE Targets atQuicksilver. Possible source of REE.

    ·Scandium-unusual find- source nearby?


    Yuinmery:

    ·Large area anomalous for GOLD.

    ·Almost a mirror image to setting of Youanmi gold deposit.


    Yarrambee:

    ·Strategic consolidation, still keeping key areas in the Narndee Igneous Layered Mafic Complex.

    ·Immediately East of where Aldoro Resource shas just acquired another rig for their nickel prospect. The more they drillthe further East they move.

    ·Known Copper, Zinc, Nickel and potentially REE on G88 territory.

    ·Pegmatites and potential for LITHIUM as well.

    Murchison:

    ·Reviewed and kept the prospect over the old tungsten mine.

    ·Tungsten is now a much sought after metal. Some Wolframite veins get wider at depth.

    ·According to Geoscience Australia, there is potential for new TUNGSTEN resources to be defined and upgraded in historical mining areas.


    Marble Bar:

    ·Great prospects.

    ·“Golden Mile is focused on the granting of the tenements.”


    Plus:

    ·A couple of JV in variable states.


    CURRENTLYDRILLING AT Quicksilver
    :

    ·By now would probably have completed a couple of holes.

    ·From visual inspection and with the aid of XRF, RC drilling in the field, can give a good indication of potential.

    ·N for North, also N for Nickel- could be interesting.

    ·Holes SP2 and SP1 where the ducks are all lining up for REE!

    https://hotcopper.com.au/data/attachments/5467/5467545-c4952e4678c00eab472f0110c192b4f1.jpghttps://hotcopper.com.au/data/attachments/5467/5467547-f4420cb6d8d30554c95447c983202ee4.jpg


    Please DYOR.

    Last edited by bluebird: 30/07/23
 
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