I flagged this one this morning. What a curious little project...

I flagged this one this morning. What a curious little project they've managed to get their hands on. All the below data is found through Exploration Report A63771: https://geodocs.dmirs.wa.gov.au/Web/documentlist/10/Report_Ref/A63771

I pulled the historical results TOR referenced from WAMEX: Historical drill collars (pink circles) overlaying the map TOR have provided.

• 11,230m drilled cumulatively
• 1,621m of cumulative pegmatite intercepted
• Average hole depth of 21m, with max depth of 65m
• Historical records show the surficial pegmatite zones were mined at a grade of 375ppm Ta2O5 and that there is abundant coarse grained spodumene
• Resource is open at depth down-dip towards the east (towards Bald Hill mine)
• Simple drill targets - high likelihood of success
• Known spodumene, good tantalum grades
• Drilling in <4 weeks
• 600m away from a deposit which MIN just paid >$1B for, and Glencore also tried bidding $1.8B for

Holes >50m depth:

	HOLE_ID	Max Hole Depth
1	BPC0058	65
2	BPC0011	65
3	BPC0110	62
4	BPC0198	61
5	BPC0048	60
6	BPC0189	60
7	BPC0223	57
8	BPC0102	57
9	BPC0268	57
10	BPC0061	57
11	BPC0007	56
12	BPC0184	55
13	BPC0197	55
14	BPC0047	54
15	BPC0141	54
16	BPC0023	53
17	BPC0193	52
18	BPC0054	51
19	BPC0014	51
20	BPC0081	51
21	BPC0106	51
22	BPC0067	51
23	BPC0068	51
24	BPC0072	51
25	BPC0162	50
26	BPC0307	50
27	BPC0035	50
28	BPC0053	50

The modelling is rough as this got released during market hours but it should demonstrate the point near enough that the data strongly suggests that there are 2 main stacked pegmatites that dip towards the east at ~30°, with a collection of flat-lying pegmatite just below the surface.




Better pegmatite intervals include (>10m intercepts):

	Hole ID	Pegmatite Intercept	Hole ID	Pegmatite Intercept
1	BPC0113	20	BPC0197	11
2	BPC0017	18	BPC0224	11
3	BPC0245	18	BPC0228	11
4	BPC0213	16	BPC0242	11
5	BPC0221	16	BPC0270	11
6	BPC0041	15	BPC0274	11
7	BPC0110	15	BPC0275	11
8	BPC0158	15	BPC0296	11
9	BPC0217	15	BPC0299	11
10	BPC0291	15	BPC0007	10
11	BPC0305	15	BPC0042	10
12	BPC0020	14	BPC0045	10
13	BPC0198	14	BPC0085	10
14	BPC0293	14	BPC0088	10
15	BPC0300	14	BPC0095	10
16	BPC0012	13	BPC0105	10
17	BPC0018	13	BPC0107	10
18	BPC0078	13	BPC0114	10
19	BPC0286	13	BPC0121	10
20	BPC0014	12	BPC0127	10
21	BPC0016	12	BPC0192	10
22	BPC0034	12	BPC0207	10
23	BPC0043	12	BPC0209	10
24	BPC0076	12	BPC0222	10
25	BPC0230	12	BPC0246	10
26	BPC0231	12	BPC0271	10
27	BPC0301	12	BPC0272	10
28	BPC0021	11	BPC0283	10
29	BPC0029	11	BPC0284	10