If the assays are consistent with the details they put out in earlier this year the speculation will be well rewarded. This image below suggests the assay results may see 250m @1% or higher in Nb and maybe 150m in high grade TREO.
WA1 has an average depth of just 30m for 1% Nb but ARN based on the image below will be many multiples of 30m and it may be open at depth as they are drilling deeper holes.
Note the height of the plug is only 275m but the holes in the image go 150m below that level and it may be open below that level.
We will see tomorrow if the image below is reflective of the grades suggested.
ARN Price at posting:
52.0¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)