Good post mate!Hopefully we do get great results at Gibraltar....

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Ragookesshu

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19/01/21

22:24

Post #: 50288788
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Originally posted by RogerMooreish: ↑

Hello Comrades,

Roger here and Happy New Year to all OAR folks. I was, like many of you, quite taken aback by the LRS announcement and subsequent action today and it got me thinking again about what we have here. I think we need to start valuing each component of the pipeline individually and where each could lead us down the track because I see huge potential if we strike on any of these projects.

Regarding historicals for Gibraltar:

I think it is important to exercise some cautious optimism when comparing to LRS today for the following reasons. We know that there is some kaolin/halloysite in the area from historical "auger drill" holes, as well as the in-field spectral analysis using the handheld Terraspec Halo Analyser. Auger drills are light surface drills (only 2-3m) and do not go anywhere near the depth that the 59 air-core drilled holes do (each hole drilled ranges from 19m to 65m in depth as seen in the air-core ann).

Moreover, the company was quick to move further North into our tenenment for more drilling due to the thicker bedrock clay in that area. It seems that there may be shallower ground with "buried channels" between our initial drilling in this region and ADN's Mt Hope project just down the road. I am expecting a mixed bag of results along the 59 holes, but I am not getting my hopes up. Remember that LRS have just drilled 197 holes and found a very thick, white chunk, after actual sampling was released to the market. We have none of that here in relation to Gibraltar. Nevertheless, of the samples that have been sent to the lab for which we are awaiting results due imminently, Chris Gale has said he is "very encouraged" by these indications. I will leave that at that and cross my fingers and toes.

The restI would like some further updates on Crown. I think that that project has some good potential compared to the others, especially with the iron ore market improving.
Can't wait to hear more news about Lambarson, and see the full assay data of the LCD holes. I also expect an update on DCD drilling sometime soon.
I am writing off Chimu for now as Peru's covid looks like it could be on the verge of another wave.

Again, all of this could change overnight with a good or bad announcement.
In under a cent, and not selling anytime soon. Bring on 2021. DYOR all IMO.

Roger.

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Good post mate!Hopefully we do get great results at Gibraltar. I’m also keen about graphite in one of the tenements there but that won’t be so soon.

But excited about positive news about our Crown application.

OAR Price at posting: 2.2¢ Sentiment: Buy Disclosure: Held
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Good post mate!Hopefully we do get great results at Gibraltar....

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Good post mate!Hopefully we do get great results at Gibraltar....

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