Great stuff @thunder54 DEG is on the money here with basal conglomerate under Mt Roe Basalt. I share your view that this is what explorers need to be amongst high grade Wits 2 ground. The overlying Hardey Formation has potential for lower grade redeposited alluvial as per NOVOS Beatons Creek deposit (to 3.52g/t).
With high grade such as the 67g/the at Purdy'so there will be great economics for low cost open cuts to finance start ups moving to long tern underground operations. It also means that smaller surface exposures such as those of VXR could be large in resource and have good long term potential. Grade is king in this play. I am disclosing a VXR holding here.
Conglom monster, page-41
-
- There are more pages in this discussion • 59 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add DEG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.39 |
Change
-0.008(0.54%) |
Mkt cap ! $3.319B | |||
| Open | High | Low | Value | Volume |
| $1.38 | $1.39 | $1.37 | $1.174M | 852.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 75303 | $1.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 61337 | 14 |
View Market Depth
| Last trade - 11.09am 11/11/2024 (20 minute delay) ? |
| DEG (ASX) Chart |