ENR encounter resources limited

Morning all.@CounterVin Great suggestion mate and took you up on...

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    Morning all.
    @CounterVin Great suggestion mate and took you up on it.

    Let's begin with the Pachpadra P2 and note the width and grade.
    Reference is given to 142 between 74 and 216m as having highly elevated REE.

    https://hotcopper.com.au/data/attachments/5468/5468638-33c18a26e4bc91befd9ce81cba6cebe1.jpg


    Here are the single metre assays above the 74m level.

    https://hotcopper.com.au/data/attachments/5468/5468630-1e03a665851e94db25d5fca01a05fca2.jpg


    Now onto the juicy stuff.
    These first drill holes at Luni and you can see the intersections.
    Those wider hits are not above 1%
    Best intersection from Luni at the time was from 121m.

    https://hotcopper.com.au/data/attachments/5468/5468626-15cc19b8bf22013449b254ede5d35225.jpg


    Now we look at the ENR Crean holes.
    Down to 90m ( pre collar depth ) we get 34m @ 1%
    Hole 7 gets 282m to EOH so there is more to come.
    IF this is continuous along the Elephant Fault ? Assays will confirm grade but the depth is yet to be determined.

    https://hotcopper.com.au/data/attachments/5468/5468623-cf0e0c57984e546e5cda6ab1afb27641.jpg


    Well that does not give us any guarantee of success but these are first holes in the project.
    Let's remind ourselves of the scale here and the suggested potential as the geophysics may be telling us.

    How big is the Aileron project currently?

    https://hotcopper.com.au/data/attachments/5468/5468725-3ae4f50b8049983219b58cb5daa03132.jpg
    100km wide.

    How big is it about to become?
    here is that map again showing the new application left of centre.

    300km wide?


    https://hotcopper.com.au/data/attachments/5468/5468734-3348fa81eb56d0342c8a5c93c63b4df1.jpg


    Yes the market can fluctuate and gains can vanish but the suggestions here at the moment are too good for me to ignore and the land package too large in an area of great potential.


    Anyone that claims the grade is too low, tell them that they should have told WA1 not to waste their time after their first holes too.

    Again, don't take my musings as the basis for your investment decisions.

    Kind regards, Wack.


 
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