This announcement gives enough favorable conditions to be hopeful:
• presence of buried granites - intrusion-related mineralisation • presence of major faults and fractures - traps and conduits • bismuth and molybdenum occurrences - significant pathfinder elements for gold • presence of sulphide - possible source of regional oxidised minerals (e.g. Egnima copper blanket) • proximity to known deposits Degrussa, Thaduna, Green Dragon, etc – nearology
LSR Price at posting:
10.6¢ Sentiment: Buy Disclosure: Held
