@seals Trundle shows grades that are open pitable. 51m at 1g/t AU and 0.5% Cu is very encouraging. Coupled with other shallow holes that have had up to 20g/t Au should warrant follow up step out RC drilling to prove up a resource. The skarn could be the economic resource here if the porphyry is not as mineralised as hoped (The system is showing its large scale though).
The fact the mineralisation starts at 50m in the 1st hole shows how much more economic the potential deposit can be at Trundle (90m of low/moderate grade from 39m to 685.1m EOH) vs. MAG at Lady Ilse (81m of low grades from 691m to 948m).
This hole ended before their first interval. I don't know what else they have going on but if they are worth 50m+ MC based on Lachlan Fold then KCC/REE should be worth 80m+ and thats discounting the rare earths and the Gobi desert/mongolia (or what ever random project KCC have).
Have a feeling monday may be quite positive as KCC are showing with this announcement that the model is starting to stack up. Higher gold grades (Vs. Cu) may actually make this more attractive to the current market.
@andrewnelson Maybe Rarecorra is on the cards. Dual listed or just ASX listed.
DYOR GLTAH
REE Price at posting:
8.5¢ Sentiment: Buy Disclosure: Held
