I believe they will be doing all known leach tests to find out from non acidic ionic solultion extraction to PH4, to PH2, PH1 leach, at different temperatures.
This is where the word Ionic (ph4 or better at ambient temperature) can make you a $100m market cap or HCL1 can for some reason still make you a $20m market cap,
all depends on how much leaching the environment has done over millions of years and the type of bed rock chemical/mineral make up.
Thats why this is a 2 pronged thing, do the met work to give the magical ionic outcome or find the rock types that should produce ionic clay deposits and drill those areas.
The problem that other companies are facing, is some are blending the whole lot together regardless of host rock which gives a blended outcome, and others are targeting certain areas like VTM, is only doing met work on the high heavy minerals above bedrock as the reast must not be leachable. the only issue with that is its 40-50m deep layer.
So many roundabout geo/met work going on which no one really understands the full picture besides @2ic
This is really what we need to see from Mikes chemical analysis of the bedrock to find out what type of host rocks exist.
68000E to 68500E is the higher grade zone which lines up with diorite/granites but we need to determine the exact rock classification.
M24 Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held
