Yep @Vortex I agree - I like the new results from Tin Can, it is shaping up as a possible greenfield discovery from comments in the ann about previous exploration. For Peninsular I think they are just saying 'we need to do further prospect wide exploration'
For Tin Can the key for me is these two graphics.
First to show the NW SE cross section over the drilling to date - consider that the mineralisation is open at depth.
Second to show that section in respect to existing soil sample exploration. What if all those higher soil areas are also open at depth - What if there is a mother source, at similar grade. While grades are only fair, with a couple of good shoots, the section drilled is only on the edge of known soils and could strengthen at depth. Anyway, looking at the M.Cap and the lithium prospect as well as more possible gold further north and the folks involved in the exploration and backing of PGD, I decided to double down on our holdings today.
GL, not advice.
PGD Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
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