While this is a truly impressive project IMO, the company needs...

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John8769

35 Posts.

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02/01/24

08:58

Post #: 71686574
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Originally posted by JandJ: ↑

I would not answer those questions mate, even if I felt confident I could. You know! HC is not for giving advice.

However we are told to expect a maiden resource over the drilled area, and then an exploration resource estimate over a larger area - that should give us the 'tonnes' part of the 'grade tonnes' equation. Then perhaps answers might present themselves.

And also discussions about the advantage of separating valuable heavy minerals from sand by gravity vs chemical treatment of ionic adsorption clay deposits vs hard rock mining and benefaction -- are compelling. So if I were to offer advice it would be to research that in depth and make a conclusion for yourself.

As for bedrock, the comment today is the first time that the source of the mineralisation is the bedrock has been mentioned - previously it was the weathering of granites in the north, (someone please correct me if that is wrong). We have to wait and see.

Cheers, happy to help if I can.

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While this is a truly impressive project IMO, the company needs to demonstrate they have resolved the serious assay issues. They still have not received results from holes drilled over 6 months ago in phase 1. I know there are lab delays but this is something else. The irony is the project itself looks simple but the assay method is detailed and complex. We won’t be seeing any resource figures or estimates until this assay issue is resolved.

AHK Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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