RXM 0.54% 46.3¢ rex minerals limited

down dip down structure, page-23

  1. 5,867 Posts.
    t4p,

    the occassional 'scissor hole' is usually of merit-to assist with the definition of the orebody. But down dip?

    It exaggerates the size of the mineralised contact without providing any definition to size. What would have happened if it was 12 metres to the east or west of this hole? Or if the hole lifted?

    About all it has demonstrated is the drillers are competent IMO.

    If the IOCG target at depth is the main game, why wasn't the hole taken down a couple of hundred metres further?

    The nature of the drilling (down dip) was disclosed in the cross section provided so it is not an unmitigated ramp. But given the previous results generated, ie short intercepts of modest grade, it has a mile to go (down?LOL) before anything economic in nature.

    Good for a share market pump in the short term....

    Why do I refer you to the CDU geos? You obviously have a relationship there and their comments would hold much more credibility than a mere poster on HC. "Trust me"!

    Cheers,TAS
 
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