was reading the independent geo's report on Churchill in the Prospectus. interesting prospect although it appears as if it may be quite deep - around 550m to 650m (similar to MOX though). According to the geo - no drill hole has explained the mag/grav anomaly (all drilling to date targeted other forms of mineralisation and were too shallow) so the prospect remains untested for IOCG mineralisation.
Potential big upside, but little is known about the anomaly, bit risky at this stage - could be anything. Nearology (location to other known IOCG mineralisation) not nearly as good as Punt Hill/Chianti etc - lies outside the Olympic domain where all the economic IOCG discoveries have occured.
may be worth keeping an eye on though
Good exposure to Tin in Tassie.
get set for a big month, page-2
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