WA1 5.04% $15.45 wa1 resources ltd

WA1 activity in time lapse since before the initial holes up to...

  1. 3,114 Posts.
    lightbulb Created with Sketch. 8563
    WA1 activity in time lapse since before the initial holes up to recently.

    Selected monthly images 2022, end 2023 and recent in a regional view with some of ENR's activity to the north of Luni.
    https://hotcopper.com.au/data/attachments/6443/6443189-092e901ed17ddedb9c59e05df291500c.jpg

    2024 weekly activity with detail of E and W Luni.
    East Luni showing how the site prep +- drilling has progressed over this drill season. More to come though perhaps reaching the end of the detail work in this area.
    Expect some step out to the east of hole 105-8 and perhaps to the SE.
    Pretty much closed off to the N and perhaps NW.
    Still some sites prepared in 2023 not drilled yet.

    https://hotcopper.com.au/data/attachments/6443/6443192-469d4f8906080ab65bab644bb2fe47a4.jpg

    West Luni

    https://hotcopper.com.au/data/attachments/6443/6443201-0ab66783dc2ccd655ac2fd19819da38e.jpg
    In terms of activity this area has been the poor cousin so far throughout 2024. Partially because there was slightly more infill than in the East. Another factor might be that the mineralised blanket tends to be deeper in parts of this western area.
    Expect some more infill though perhaps not as much as Eastern Luni to the end of the field season especially in the western areas.
    Depending on what happens south of ENR's Emily on WA1 ground perhaps selected infill from 320m spaced lines to 160m or less locally. (West of this image).

    What type of rigs are currently on site?
    Initially a diamond rig followed by a sonic rig. If the latter improved recovery without slowing down the program it is likely still on site. Subtle hint that an RC rig may have come in recently and drilled three interpreted sites SW of P1. May have used one of the existing rigs hence I say hint.

    Another 3 months till Christmas break and a possible 2 month or so shut down for the rainy/thundery season. Plenty of time to get infill, extensional and exploratory work up to a satisfactory level IMO.


    Last edited by salpetie: Today, 16:08
 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$15.45
Change
-0.820(5.04%)
Mkt cap ! $1.002B
Open High Low Value Volume
$16.04 $16.47 $15.36 $2.892M 184.5K

Buyers (Bids)

No. Vol. Price($)
1 422 $15.40
 

Sellers (Offers)

Price($) Vol. No.
$15.50 190 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.