St...ead today. Excerpt Red Dirt Chair.
"At the Mt Ida project it’s obviously very exciting to have a maiden resource there but you’ve also picked up the Yinnetharra project and in your mind, you said the pegmatites, they’re much larger, there’s much more outcrop from what you’ve seen so far. Why do you think that Yinnetharra might be more impressive than Mount Ida down the line?
“So at Mount Ida, I think we’ve only got two small pieces of outcrop and if you look at the contained metal value that those two small pieces of outcrop — no bigger than a dining table — it’s somewhere between 6 and 8 million ounces of gold equivalent right?
“If you sort of thought of dinner tables and what your productivity is per dinner table, at Yinnetharra we’ve met now 54 pegmatites.“Some of them are 700 metres long and 60 metres wide. You’ve got to get up in a helicopter (to see them).“It’s huge (and) it’s only ever had 34 drill holes, and the previous explorers have hit lithium intercepts up to 30 metres wide, at depths of 80 metres.
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