hang on why, would you spend (waste) valuable $$ on drilling...

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mitis

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05/06/20

09:28

Post #: 45051524
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Originally posted by Meteor: ↑

RE Fish Hook - as we thought - too shallow!
Large nickel-copper sulphide target identified at Fish Hook Prospect:
 Large conductive feature has been identified at Fish Hook by the just-completed
magnetotelluric (MT) and audio-magnetotelluric (AMT) surveys
 The new conductive feature is located below the high-order nickel-copper soil anomaly at
Fish Hook and is modelled to dip to the north-west, consistent with the known ultramafic
stratigraphy elsewhere in the Cathedrals Belt
 Seven reverse circulation (RC) reconnaissance drill holes have been completed at Fish Hook
but were too shallow to intersect the new conductive feature, which commences 250m
below surface
 Additional drilling is planned at Fish Hook to test this compelling target for nickel-copper
sulphides

Diamond drilling scheduled to commence this weekend:
 The first of two diamond drill rigs is due to arrive at site over the weekend, with the second
diamond drill rig expected shortly
 Diamond drilling will focus on testing the new, deeper conductive features identified by
the MT/AMT surveys with targets at the Investigators Prospect the first of the deeper
nickel-copper sulphide targets to be drilled
 Metallurgical drill holes will also be completed by diamond drilling at the Stricklands
Prospect as part of the scoping study into a potential mining operation

Resource definition drilling is underway:
 RC drilling has commenced at the shallow, high-grade Stricklands deposit to support a
JORC-compliant resource estimate expected to be announced in Q4 2020

Expand

hang on why, would you spend (waste) valuable $$ on drilling (holes to 150mtr - 7 of them) before you run MT and AMT's which shows how deep conductive features are positioned?

Was that a dump thing to do ?????

"Large conductive feature has been identified at Fish Hook by the just-completedmagnetotelluric (MT) and audio-magnetotelluric (AMT) surveys"

"Seven reverse circulation (RC) reconnaissance drill holes have been completed at Fish Hookbut were too shallow to intersect the new conductive feature, which commences 250mbelow surface"

what am I missing ?

SGQ Price at posting: 12.0¢ Sentiment: Buy Disclosure: Held
14 Upvote

2 Great analysis

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