Drill hole ZS143 which is currently still in progress contains more visible pyrrhotite (which is commonly associated with cassiterite at the Severn deposit), and also more visible cassiterite than the previous Severn hole ZS140.As the company states, ‘The presence of tin in ZS143 has been confirmed by anomalous handheld XRF results with readings in ZS143 generally higher than those recorded in the previous Severn hole ZS140.’
Looking at the diagram below the cumulative tin mineralisation intersected so far is 27m to date. It seems to be widening from the point of the historic drilling. Also, they wouldn't be planning a wedge and daughter hole to further target the extension at the Severn deposit, in the ‘predictable’ direction to the right, if they didn't think they were close to the 'sweet' spot.
All IMO, DYOR, GLTA(Patient)H
SRZ Price at posting:
2.7¢ Sentiment: None 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)