WME west australian metals ltd

C4Good question that you ask on my broad statement.*BMN will...

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    C4

    Good question that you ask on my broad statement.

    *BMN will have a JORC between 100mlb - 120mlb by July on Anomaly A alone .. not even their best deposit.
    *They have drilled this to 50m x 50m grid.
    *Feasibility studies into an 8mill lb/pa mining operation underway
    *They have already begun to drill in two more deposits, one to the North which looks like joining Anom A making one BIG super deposit
    *The other deposit at Rossingberg, is currently being drilled, has historic drill results in hand, and is 4-6 klm long.
    *They have another 7 similar deposits to move onto next

    I could keep on going.

    With EXT you are right, they have to get their initial JORC out first. But it will easily be 30m/lbs as a start at Ida Dome. Some ridiculously high grades there:
    125m @ 1,344 ppm U3O8
    Includes 31m @ 4,477 ppm U3O8
    Which also includes a grade of 3m @ 44,601 ppm U3O8

    Getting that in perspective, its like WME getting a drill intercept of 750m at 213ppm (WME's grade) This is serious high grade bulk tonnage.

    Then the excitment is mounting with Rossing South. To be honest, I think that EXT management are turning their attention to this as their "Flagship" deposit. Only 1klm from the Rossing deposit border, they have hit a MASSIVE undercover alskite dome that is FIFTEEN KILOMETERS long, with results so far:

    40 metres @ 240 ppm U308
    100 metres @ 265 ppm U308
    167 metres @ 229 ppm
    90 metres @ 341 ppm
    81 metres @ 536 ppm
    81 metres @ 378 ppm
    40 metres @ 607 ppm
    19 metres @ 2,139 ppm
    19 metres @ 517 ppm

    Thats just the start.

    Back to WME, dont get me wrong, they are a beauty IMO, and will have much further to go before they get to fair value.

    I own shares in all three

    cheers
 
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