Good to see we're back out on the ground at Yarrambee. Should be interesting.
The story so far:
The November drilling threw up a promising new copper and zinc sulphide horizon within the Narndee Cluster at our "TBW" target, which encouraged the Company to extend its EM survey to close off the existing conductor there to the south.
A further 4 line km of Moving Loop Ground EM (“MLTEM”) was completed at TBW in the June Quarter.
Armed with that, and refined by the earlier results, the hunt continues...
Meanwhile, I think it's accepted that difficulties on the ground prevented the "Tank" MLEM geophysical target from being properly tested last time. So ...here's another go.
Just to remind folks:
During the (2021) MLEM survey a high conductance anomaly (‘Tank’) was identified in the northwest of the survey area ... The Tank target was only seen as a weakly anomalous feature in the airborne survey, which the Company’s geophysicist considers may be related to the high conductance of the anomaly as well as the depth to the top of the conductor, which at ~150m is at the limit of the airborne system’s resolution.
The Tank anomaly is considered a high priority target for follow up given its strength and aerial extent... (from the Company Announcement 01 December, 2021)
And then too, there are three newly identified structural targets.
i believe it's our MD's view that if it weren't for Quicksilver, Yarrambee would be our jewel in the crown.
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