Interesting facts from all the drillings so far.
1. If you measure from the map, the south to north strike is already 1,400m (very long strike) and still discovering Ni for all the RC holes.
2. If this is true and the previous EM surveys already indicated the EM will continue to Silverbarks (CUL also ann. the EM continues to their tenement from Silverbarks) which means we will have another 2,500m from MFEC016. Total Mt Fisher tenement will have 4,000m strike. It is huge area!!!!!
3. MFDC 010 has good assays 4.5m @3.3%, [email protected]%, MFDC 001 has good assays 5m @2.9%, 6.4m @ 3.8% with PGE . MFDC 007 has good grades 1.2m @5.2%, [email protected]%. Both holes MFDC 005 & 007 were truncated by fault lines. This means the area btw MFDC 005 & 007 is the current sweet spot! ( please note the statement from IM in the ann. on MFDC 010, "6m @ average 3.3% is a commercial potential .....)
4. From holes MFEC 013 & 014 and going north are in a new conductive plate. This conductive plate is supposed to be down dip.
5. MFEC 017, which is on this supposed down dip plate has discovered 19m @ 1.3% Ni (shallow section) and this is a very strong dose of confidence to find high grades at deeper section btw 400m ~ 600m. We need to find good intersections and hopefully >6m to be inline to the current sweet spot historical intersections (6m ~11m).
They are drilling this hole to test the deeper section atm. Should this come up with high grades and good intersections. A re-rate of this company sp will be definite if this hole can prove the grades and intersections.
- Forums
- ASX - By Stock
- RXL
- great announcement
great announcement , page-36
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RXL (ASX) to my watchlist
(20min delay)
|
|||||
Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $69.80M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 87647 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
16.5¢ | 122000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 87647 | 0.170 |
1 | 3548 | 0.165 |
1 | 10000 | 0.160 |
2 | 51475 | 0.155 |
6 | 169335 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.165 | 122000 | 2 |
0.170 | 173944 | 4 |
0.180 | 193000 | 5 |
0.185 | 130000 | 2 |
0.190 | 54333 | 3 |
Last trade - 16.27pm 11/11/2024 (20 minute delay) ? |
Featured News
RXL (ASX) Chart |
Day chart unavailable
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
Previous Video
Next Video
SPONSORED BY The Market Online