RCR rincon resources limited

Ann: Rincon's West Arunta Footprint Expands, page-3

  1. 12,773 Posts.
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    i do like this. BHP originally identified this area. A number of companies back in the day, looked at West Arunta but didn't follow up or were looking for other things such as diamonds!!

    The new ELA abuts existing tenements and includes the historic ‘Mantati’ copper-lead-zinc occurrence), associated with the highly prospective Central Australian Suture

    Mantati, which has never been drill tested, was originally identified by BHP Limited via a surface sampling program which returned anomalous gold and silver results up to 7.3g/t Ag3 , which is consistent with some of the high-grade silver results returned at the Company’s Pokali IOCG/REE4 Prospect.

    It would seem Gary and the team are strategically acquiring tenements and not paying ridiculous amounts like others!!
 
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