WME 11.5% 14.5¢ west australian metals ltd

re: dazza. The thicknesses of ext drilling available from their...

  1. 1,606 Posts.
    re: dazza. The thicknesses of ext drilling available from their last reports www.extres.com.au . They have some decent 40m hits and some higher grade zones. i don't hold ext, just an observer in the sector same as everybody else. ern has also reported some nice historical hits, up to 39m hits and are drilling now, with less mkt valuation than WME. WME's hits so far reported have been around 5-10m thickness, and the historical data suggests an average thickness of around 5m. Generally the lower the thickness, the lower the tonnages. Hope this info is of assistance.

    If WME hit higher thicknesses then it will become interesting . Also the grades are a lot lower than 250ppm average, and closer to uramin/forsys metals of under 200ppm.

    cheers.
 
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