ADN 0.00% 0.8¢ andromeda metals limited

re: Ann: Successful Geochemical Trial at Alfo... should do.If...

  1. 4,618 Posts.
    lightbulb Created with Sketch. 31
    re: Ann: Successful Geochemical Trial at Alfo... should do.

    If you read the announcemnt in detail you can find very interesting tit bits of information. For instance, auger holes identified zones of 13% copper (among other high grades).

    The surface and regolith factors are mostly to do with cropping (ploughing over a 100 year period). So you can expect some smoothing/ spreading of the surface copper results.

    This sort of exploration is course (like rock chip sampling) so one has to treat the information in a binary way (copper present = yes/ no). Howevver, the coincidence with historical auger results definitely adds cedibility to the recent exploration works!

    I cannot imape what would happen if the planned drilling hits an extended intersect of 10% plus copper near surface. Whilst this sort of expectation is dreamy stuff, it cedrtainly seems possible given historical results.

    GC
 
watchlist Created with Sketch. Add ADN (ASX) to my watchlist
(20min delay)
Last
0.8¢
Change
0.000(0.00%)
Mkt cap ! $27.14M
Open High Low Value Volume
0.8¢ 0.9¢ 0.8¢ $10.93K 1.352M

Buyers (Bids)

No. Vol. Price($)
52 18550853 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 31466854 24
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
ADN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.