Trying to figure out if Luni and Pearce are similar or very different, as ENR has plans to start diamond drilling into Pearce this month, weather permitting.
Perce is described as a discrete high amplitude density (high gravity) anomaly located at a key structural intersection. Perce is a high priority target for ENR. It may represent an alkaline/carbonatite intrusion or zones of hematite alteration. (ENR Quarterly March 2024.)
Initial report from WA1Significant New Anomaly (on 10 March 2022) described Luni as a discrete and strong amplitude gravity anomaly, suggestive of IOCG. Was subsequently drilled, rest is history.
Is this what has drawn Chalice attention to ENR? The area is already established as hosting Nobium. Could Perce be the big one, the company maker?
Sounded compelling enough for me to buy some ENR today.
ENR Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held
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