The Salpetie Satellite Notes:
Rincon Resources at West Arunta, W.A. taken together has many targets on this location. With historical holes and two drills done [assays to follow], the burning question will be the potential of the Copper across this licence area.
It is interesting to note CARAVEL RESOURCES which The Australian wrote about: " With 2bn project, Caravel now emerging as an
A U S T R A L I A N COPPER GIANT." 13.4.23
Caravel 's copper deposit is 150km Northwest of Perth, large scale and has a mine life of 25 years +. On 24 Jan 2024, Caravel released the MRE
at 1.276 billion tonnes @0.24% cu with cut-off at 0.1% cu with credits from moly, gold & silver at 47ppm moly , 22ppb au & 1.1ppm ag for some 3.032m of contained copper, 60,600t of moly , 895k of contained gold & 46moz silver."
Link: https://caravelminerals.com.au/minerals-resources/
CANNACORD GENUITY:
"Caravel Resources: Largest in Australia & globally significant."https://caravelresources.com.au/category/brokerresearch/
Comment: Interesting. So, the question will be to come as to what will history say of Rincorn Resources at West Arunta.?? Mon, 13 May 2024. Rincon Resources 9.9c, Mkt Cap: A$22m+ DYOR.
Ann: RC Drilling Program Commences at West Arunta, page-175
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