Putting my disappointment about not seeing any more photos of shovels aside (get a life guys), we already know they have identified this material as most likely being the material old Captain Rogers was mining, so this result appears to further vindicate the claystone as the diamond-bearing material.
The obvious next question to ask, and for CFR to answer via their exploration program, is 'what is the diamond grade in the pelletal claystone, and how far does it extend?'...from maps they've already published of the extent so far identified, things are looking interesting.
Once we can get an idea of the scale and extent of this deposit, we can get out our calculators and get some serious $$$$$ on the table.....more news is good news.
- Forums
- ASX - By Stock
- CFR
- next announcement
next announcement, page-11
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CFR (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online