Australia's largest stock trading and investment forum Australia's #1 stock forum

LEG

Click for more information

0.00%

1.1¢ legend mining limited

K Sancho, but what happens at these depths. Long way down.Plus...

First 16 Last

Share
Profile

Follow
DDBB

1,436 Posts.

702

10/06/22

14:53

Post #: 61943848
Share

Originally posted by sanchopanza: ↑

Hey DDBB, correct, you wouldn't use directional drilling to core. Drill a vertical with motor (might not even need it) + MWD to actually hit the target. If you haven't got a win, run surveys to identify conductors, plug the hole higher up and directional drill your way in required direction/s until you find what you are looking for. Drill along to define the trend, then you can go back with a diamond rig to core the trend. Gotta find it first rather than poking at it and missing it.

There are definitely a few CSG entry level players + directional companies that could do it at very reasonable cost.

Just throwing it out there since geology seems to be a bit more challenging, that's all

Expand

K Sancho, but what happens at these depths. Long way down.

Plus they said that drills are getting stuck as they are going through heavily faulted and unstable strata.

Hard job by the looks. The thing that interests me is the precision of their targeting- they seem to know exactly where they want to go. 1000 m diamond drill holes expensive I would think.

Cheers

LEG Price at posting: 5.8¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

Reply

Top Stories

AI stocks: What to expect in 2024-25

Talking the US election, the spectre of Trump and what's hot on the ASX200: Wealth Within

BYH

Bryah gains $408K government rebate for work on copper target Narracoota

IVR

Investigator Resources hits 8m @ 1.06% copper on-site Stuart Shelf JV project acreage

WC8

Leia pegmatite pulls up recoveries of 84% lithium for Wildcat in WA

There are more pages in this discussion • 20 more messages in this thread...

First 16 Last

Add LEG (ASX) to my watchlist

(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $32.00M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$110	10K

Buyers (Bids)

No.	Vol.	Price($)
1	180000	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	881804	4

View Market Depth

No.	Vol.	Price($)
1	180000	0.011
12	2199235	0.010
5	1721771	0.009
4	2870000	0.008
6	8671428	0.007

Price($)	Vol.	No.
0.012	881804	4
0.013	701429	4
0.014	321699	1
0.015	66600	1
0.016	120000	2

Last trade - 10.52am 16/07/2024 (20 minute delay)

LEG (ASX) Chart