Depth is not a problem for PEX. The high grade is still open UP dip to the south, where it may get to within 100m of surface. 6m @ 3.05% and 16m @ 0.77% at 200-160 metres depth is not deep. PEX needs to do a better job at promotion IMHO. Figure 1, they haven't bothered to adjust the 'mineralized zone' shape for the new drill hole intersection - it should be a fair bit wider. Also figure 1, note the 1m @ 2.7% in hole 4MRC026. This could be the top of a whole NEW second eastern lens (compares better to the 1m @ 1.81% top of current mineralized zone) however no other holes are drilled deep enough to test!!! At least PEX management could point it out as a second mineralized zone, adds to the 'potential' upside. Very early days here.
Depth is not a problem for PEX. The high grade is still open UP...
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Last
11.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.91M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 84714 | 10.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.0¢ | 95099 | 2 |
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| Last trade - 16.12pm 23/08/2024 (20 minute delay) ? |
| PEX (ASX) Chart |
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