Further to my comments on the other thread concerning Mallee Bull North I would like to remind fellow shareholders of the following:
1) This lens is open down dip and has great potential.
2) This lens has not been followed up after the initial discovery drilling in the September Quarter of 2016
3) This lens is the key to making Mallee Bull viable as an underground mine.
I contend that Mallee Bull North (MBN) is a potential carbon copy of Mallee Bull (MB). Consider the following long section provided in the company announcement dated 6th July 2017. It depicts the resource block model for T1, MB and MBN. Setting T1 aside you will notice that MBN and MB are quite similar. MBN has only been modelled to a depth of 450 meters beneath the surface because that is the extent of drilling. In contrast MB has been modelled to a depth of circa 1,000 meters. Note also that the best intersections at MB were achieved between 400 and 1,000 meters below the surface.
Below the long section I have uploaded the first four discovery announcements for MB. This is then followed by the only two announcements for MBN. Why hasn't this been followed up?
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Further to my comments on the other thread concerning Mallee...
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