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kingaa

296 Posts.

22/07/14

21:19

Post #: 13698750
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Originally posted by groundswell ↑

They've said that graphite is outcropping at numerous locations, and there also appears to be visual evidence of Vanadium. So sounds like similar ground to their neighbours. See no reason why that outcropping mineralisation shouldn't continue undercover - why would it not continue given that the neighbours up the road have found it in abundance with huge widths and depth. Graphite is highly conductive and EM at other locations has aligned extremely well with the drilling results - so the cover shouldn't present major issues in terms of being able to find and drill the graphite thats there.

In my view it is quite likely only a matter of time before they prove up a significant graphite resource.

Then add the Cu/Pb/Zn prospects - the Rio Maze system is very large, they have numerous high quality targets, mozambique is very under explored - there is every chance they can find a world class Broken Hill type deposit at Rio Maze - the prospective trend runs for many many kilometres, the high quality targets are many square km in footprint. BH type deposits are characteristically large - Broken Hill is estimated to have had over $100 billion dollars worth of base metals in the ground (at todays prices) at the time of discovery pre-mining. (28 million tonnes of lead metal, 24 million tonnes of zinc metal, 1 billion ounces of silver and 1.2 million ounces of gold).

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