We are certainly due some assay results soon and they will keep coming as shown later in 2024.
ASX Announcement 31 July 2024 Next Steps Closer spaced aircore drilling has been completed at Green. This drilling has closed the drill line spacing to 400m and hole spacing has been reduced to 80m within the mineralised corridor. The drilling aims to better define stronger zones of the near surface niobium-REE mineralisation. An RC drill rig will commence at Green in August 2024. This program will test the full mineralised profile within the priority corridor defined in the reconnaissance aircore drilling. Further assays from the first pass and closer spaced aircore drilling from Green will be returned throughout August and September 2024.
ASX Announcement 5 August 2024 Next Steps EAL442 and EAL552 are currently being logged and cut on site. First assay results are expected in September 2024. Following receipt of assays, RC drilling will commence in the gap between Hurley and Crean later in 2024. Additional targets further east on the Elephant Island fault will be tested with the initial focus on structural intersections, including the Steller target. The Steller target has an interesting magnetic and gravity signature at the intersection of two key structures. Aircore/RC drilling is planned for later in 2024. Samples from >100 aircore holes from Crean and Green left site last week with assay results expected later in August and September 2024.
ENR Price at posting:
47.5¢ Sentiment: Buy Disclosure: Held
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