Ann: Significant Lamboo PGE strike extension, page-3

These are all low numbers Jim, but significant in the context of the exploration project.

Given that Au and Pd are ~same value, and Pt is ~half the value of Au or Pd, the Au equivalence of the 1.03 (3E) intersection is ~0.8g/t. Which is ~OK if you can process at high throughput. Some losses and dilution due to the fine mineralogy (see earlier PNR ASX announcement), and it becomes technically challenging. The hole under that one on the section was not fantastic.

0.5% Ni is also low. Challenging to make a saleable concentrate from that i would think (assuming it is all in sulfides). I wonder what the background Ni content of the ultramafics is?


Up the road at Savannah, the resource stands at 1.6% Ni, 0.1% Co, and 0.7% Cu; as a comparison.