SL1 0.00% 0.0¢ symbol mining limited

With the first bi-monthly shipment expected to be very close to...

  1. 5,209 Posts.
    lightbulb Created with Sketch. 3267

    With the first bi-monthly shipment expected to be very close to being announced it's going to be interesting to see if SL1 are valued as a one hit wonder campaign miner or as a producer with several deposits under their belt and a truckload of relatively under-explored ground. Looking at the maps it seems that they are taking the age old approach of looking for minerals where there are known minerals. 


    The Macy deposit that they are currently working wasn't discovered by symbol but rather appears to have been mined for years, Symbol have simply gone about it at a larger scale within the framework of the current pro mining govt. The other targets appear to be very much in the same boat, they have already been discovered and artisanal workings are extensive. It's not a case of having to discover anything new, they simply go to where there is minerals and drill to see how far they extend which makes it some of the easiest 'exploration' in the world. The pictures below may show this better 

    Overview

    https://hotcopper.com.au/data/attachments/1332/1332039-5c7bc7d2d043fdd79fa9eba45ba3d6e9.jpg
    River 

    https://hotcopper.com.au/data/attachments/1332/1332041-315dd558dc766baca95d276f3ac7c310.jpg
    Imperial Extension

    https://hotcopper.com.au/data/attachments/1332/1332042-f8a03ce7a52e62daddd22428868ab9f0.jpg

    Aisha East

    https://hotcopper.com.au/data/attachments/1332/1332043-860e93ea6482eba15ac75b9d2caf4765.jpg
    Macy/Imperial

    https://hotcopper.com.au/data/attachments/1332/1332045-513f52e6c29b9ca4b514e5ec8c5c7429.jpg
    Imperial South/Taparo

    https://hotcopper.com.au/data/attachments/1332/1332048-bc738b625b79b455bfd003a977addf8f.jpg
    Fulani

    https://hotcopper.com.au/data/attachments/1332/1332050-fa6b98cf5fad2716cc1385e7692482de.jpg











 
watchlist Created with Sketch. Add SL1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.