ENR 4.23% 37.0¢ encounter resources limited

Summary of last 5 days interpreted activity at McIlroy and...

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  1. 3,155 Posts.
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    Summary of last 5 days interpreted activity at McIlroy and Shackleton.

    On Falcon gravity

    Access lines relatively obvious but drill sites are not.
    Might have been more drilling at McIlroy east other than that highlighted.

    ENR keep surprising me with the rig moving down to the Shackleton area. Been interested in the Shackleton area for awhile though IMO it will be unlikely if much turns up. Got to try though.
    The western line is targeting the gravity high (early elevated REE grab sample taken in this general area. The eastern line is just SE of a large prominent outcrop of Lake Mackay quartzite (see GE image below).
    https://hotcopper.com.au/data/attachments/6377/6377027-7b7255ca5ecb4d304a534864853fe79f.jpg

    On Magnetics

    Shackleton magnetics appear linear and do not reflect the gravity high.

    https://hotcopper.com.au/data/attachments/6377/6377024-00f1fcb4912d30b195423e58589cda9a.jpg

    https://hotcopper.com.au/data/attachments/6377/6377049-02bf2163e4a53aec0b4aca8fe033eb3b.jpg
    Probably closer spaced drilling (<=160m spacing vs ~320 (east line)) on the western line. Especially over the gravity high?
    Rough outcrop outline in yellow. Access road in red and visible on this recent image.

    ==========================
    Another 30 sites to add to the 100 holes shipped recently and probably another hundred or more before that are already working there way through the system.

    Lab(s) are probably overloaded with samples and working as fast as they can.

    Companies give estimated dates for results with lab timing out of their hands. Might get it right sometimes but don't be too surprised if there are some delays.
    With this many samples in the pipeline there will be a slow but probably relatively steady release of results.
    Last edited by salpetie: 12/08/24
 
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