PEN 4.76% 10.0¢ peninsula energy limited

Good to see a higher percentage of economic holes from the March...

  1. 787 Posts.

    Good to see a higher percentage of economic holes from the March quarter of drilling. . . . . 23% versus 13% from previous announcement.

    "Of the 264 drill holes completed during the quarter, a total of 62 holes encountered mineralisation greater than 0.2GT. A total of 39 holes recorded multiple stacked intersections of uranium mineralisation.
    Drilling during the quarter focused on converting inferred resources to indicated category in the proposed Kendrick"

    While the mineralisation is still fairly deep at an average of about 900ft. The number of holes with grade thickness substantially above the cutoff of 0.20GT is very good. . . . . well done on this point Gus.

    How much of this will be included in the soon to be released DFS, remains to be seen.


    SwissB

 
watchlist Created with Sketch. Add PEN (ASX) to my watchlist
(20min delay)
Last
10.0¢
Change
-0.005(4.76%)
Mkt cap ! $318.6M
Open High Low Value Volume
10.0¢ 10.5¢ 9.8¢ $1.946M 19.47M

Buyers (Bids)

No. Vol. Price($)
1 131212 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 2355724 29
View Market Depth
Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
PEN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.