ENR encounter resources limited

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24.5¢

Hi all. Just read through the Q.I find it a bit of a head...

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Wack

4,651 Posts.

7222

31/07/23

09:50

Post #: 69070945
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Originally posted by Wack: ↑

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.

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

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.

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.

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?

100km wide.

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

300km wide?

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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Hi all.
Just read through the Q.
I find it a bit of a head scratch to think that anyone could suggest that these hits could be a series of pods rather than continuous.

Let's look at these excerpts.

From that, do you think that they just hit 2 more pods by chance?

Seperate pods, or continuous?

Monster in the making?

I will hang around a bit longer to find out.

Kind regards, Wack.

ENR Price at posting: 44.0¢ Sentiment: Hold Disclosure: Held
16 Upvote

4 Great analysis

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