POS 12.5% 0.5¢ poseidon nickel limited

Hi Eyenow, The great thing about Denny Bore is the consistancy...

  1. 1,035 Posts.
    Hi Eyenow, The great thing about Denny Bore is the consistancy of the mineralisation. Hasn't quite got the thicknesses of Windarra (yet) but has nice grade. Also still quite shallow compared to Windarra. No deep drilling done yet.
    The great thing about the consistancy of the Min is the ease in modelling and confidence in further infill drilling. I have done a rough calc of of the size and extent at an average grade of 1.5%Ni and they could be looking at 30KT+ to start with.
    The great thing is that it is open at all ends. If they find a few more of these along the belt they will be laughing!
    There is still a lot more infill and exploritory drilling to be done. The next 6 months will be interesting.
 
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