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MrFantastic

2,780 Posts.

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16/12/20

12:19

Post #: 49618148
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Originally posted by 1%aday: ↑

PERENJORI Project
Perenjori Project has many tenements so now that we have covered BHP's x-tenement let's have a look at Feral Prospect (E70/5311) which could be prospective for Fe as well as Au/Base Metals
Below is Red River resources historical exploration. I have attached some data

After hearing about Perenjori and how BHP did some Geochem work with promising results but not followed through, I did some leg work and found this. It's not the actual BHP report but it references it. I'm still searching for it, I will post once I find it

What's important is the confirmation of VMS deposits.
Feral Prospect
The project is highly prospective for
Orogenic Gold mineralization and Base metals VHMS style mineralization. This generally is low grade but very economic with known gold and copper occurrences
results of 28m @ 0.72g/t Au from 8m.
Fe also is found in abundance.

As I said, Perenjuri has many tenements. I will hopefully cover the rest in the coming days.

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10/10 mate! I will be going over all these facts again over the next few days. Thanks for sticking to the facts and fundamentals of the company.

MrF

SRN Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
4 Upvote

1 Great analysis

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