Anyhow, GLTA the DM1 shareholders, these REE assays can't be too far away.
I'm also wondering if DM1 may release a Resource Estimate for Innouendy. Since that drilling was going to be used to form a JORC Resource. Given the original plan was for 20,000metres and this was reduced to 12,000metres of drilling because of the 40metre to 80metre thicknesses, they should have enough data to complete a Maiden Rare Earth JORC Resource in the next 2-3 months.
The sentence highlighted at the bottom of this ASX release from the 20th July 2022.
"The aircore program has been planned with sufficiently close hole spacings to allow, if consistent grades and widths are intercepted, for the Company to work towards defining an Inferred Resource."
Or as a minimum, these assays may give DM1 the confidence to release a conservative Resource Exploration Target or Starter Resource, then follow up with a Maiden JORC.
The intercepts of the REEs are very thick and start from surface, so a JORC Starter Resource/Exploration Target shouldn't take Dr John Mair a long time to calculate and release.
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