The orebody at Jacosmynput is so shallow (between 80m and 200m) you can kick away the sand and you are there. A strike length of 3 km. They are now drilling out a JORC with a sense of urgency. The first diamond bore sample shows the primary ore nickel but even more important is the platinum 5E with a prill split of 1) platinum $1170/oz 2)palladium $2670/oz 3) rhodium $19500/oz 4) iridium $4500/oz. A typical prill split of the neighbouring Rustenburg orebody is plat.40%- pallad.20%- rhod. 8%- ruth. 10%- irid. 5%. Together with copper a JORC compliant orebody will be too compelling to be ignored even with SA perceived risks.
ORN Price at posting:
3.6¢ Sentiment: Buy Disclosure: Held
