WA1 11.2% $21.30 wa1 resources ltd

@Wurlitch ... The drill hole was drilled ages ago, for met...

  1. 8,863 Posts.
    lightbulb Created with Sketch. 8074
    @Wurlitch ... The drill hole was drilled ages ago, for met testing. They used the sample from 42m to whatever depth for testing and haven't shown the full drill intercept in the table of results.
    What they did show was only the deeper section from 85m as you have highlighted.

    What you also have to remember is that we are only getting the 'highlighted' results, not the full widths of all mineralisation and all mineralisation at all depths. For instance on the hole LUDD23035 it shows the highlighted mineralisation starting at 53.5m deep yet only 4m away in the met hole LLDD23030 they started at 42m.

    Hole LLDD23035 might also have had 1-2% mineralisation but compared to what was shown from 53m might have looked ordinary so they only included the highlight for that hole...

    It's why the MRE will be different from what most of us worked out as we've only been given the highlights, not the total mineralisation in all holes..
 
watchlist Created with Sketch. Add WA1 (ASX) to my watchlist
(20min delay)
Last
$21.30
Change
2.140(11.2%)
Mkt cap ! $1.306B
Open High Low Value Volume
$19.30 $21.77 $19.30 $10.37M 496.6K

Buyers (Bids)

No. Vol. Price($)
1 1332 $21.02
 

Sellers (Offers)

Price($) Vol. No.
$21.30 4997 1
View Market Depth
Last trade - 16.10pm 04/07/2024 (20 minute delay) ?
WA1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.