Something that nearly everyone will not read:
"However, two aircore holes (160m apart) successfully penetrated the Permian Cover and both ended in niobium-REE oxide mineralisation."
2 things to note:
(i) No other holes got through the Permian cover (only the two reported) to the residual horizon hosting the Niobium.
(ii) All holes ended in Niobium
Summary.
Need an RC rig for this prospect,
When you don't get NULL holes, it's a very good sign that this is about to grow in size and grade. This has repeatedly occured on other prospects.
The best part of their carbonatite systems have not been drilled (statistically improbable) so we don't know the maximum grades and thicknesses yet.
All upside.
Ann: Thick carbonatite intersected between Crean and Hurley, page-11
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