Chart, page-983

With re assayed results like the ones below this would almost have to be as close as you can get on the small spec exploration stock index (ASX casino) as a given IMO for a good outcome.... you would have to think....

At least IMO it has a very good risk/reward ratio....DYOR

With the recent share price rise the downside risk has probably increased from 0.10c to 0.15c (and rising the further we go up) giving early holders a better buffer than when we were floating around 0.20c....

For the first time ever the basement rocks have NOW been tested and the results are days away....

If the results are good it will be pick your rocket time....GLAH...

Results
The recent re-assaying of historical bauxite drill-hole samples, together with recent surface rock chip (duricrust) sampling conducted by DEV, has returned assay results of up to 1,210ppm nickel (Ni), 395ppm copper (Cu), 6,830ppm chromium (Cr) and 83ppb palladium + platinum (Pd+Pt).
These results are centred around the large 6km x 7km Sovereign magnetic complex, supporting the interpretation that the airborne magnetics are mapping mafic-ultramafic intrusive rocks of the Julimar Complex, similar to the rocks at CHN’s recent high-grade Ni-Cu-PGE discovery.

Technical Significance
These initial results are encouraging, as the Sovereign Project lies strategically to the north of CHN’s Julimar Project and south of Cassini Resources’ (ASX: CZI) Yarrawindah Brook Project.

This horizon has been the focus of previous shallow bauxite drilling by ASQ, with holes solely testing the bauxite horizon and stopping well short of the less weathered basement rocks.


https://www.devexresources.com.au/sites/default/files/asx-announcements/6991843.pdf