ADN 6.25% 0.8¢ andromeda metals limited

Hey bcjk3, wondering your thoughts on the specificity of...

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    Hey bcjk3, wondering your thoughts on the specificity of resources characteristics from the recent JV Ann. In particular reference to the iso and 'contamination' % from the - 45um fraction. Excerpt for reference is below.
    "If a JORC 2012 compliant Measured and Indicated Resource of at least 50Mt (with a minimum of 80 ISO Brightness and maximum total 1wt% Fe2O3 + TiO2 calculated from the -45um fraction) is calculated over the EKJV tenements, Andromeda will issue Peninsula with $500,000 worth of ADN shares."

    Ive checked back against the original careys well (GW) material chemical signature used in the early 4N HPA testwork and note the similarities of that material and what ADN's targeting with the new prospects. It's also worthy of a mention these chem signatures are similar to a certain WA HPA producer's feedstock from its Cadoux resource... Just not entirely sure what importance the iso plays?

    https://hotcopper.com.au/data/attachments/3485/3485094-b3f4f300a1d15e357d3d74a1e3abca1c.jpg
    Cheers.
    Last edited by koldkathode1: 18/08/21
 
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