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01/06/18

09:58

Post #: 33425476
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Originally posted by hopeful2 ↑

Trevor Benson is more excited about NI than Lindi from what he said in a recent interview. So what is there to get excited about? Especially considering the expected bonanza that will emerge from Lindi once we have the ML. Well, here is what he said in the March update:

Project Progress – Northern Ireland VMS Exploration At the Slieve Gallion JV, the interpretation of a close spaced soil sampling program conducted by others in 2015, to the north of the Corvanaghan-Golden Hollow VMS (Cu-Co-Ag) target area has highlighted a large copper-cobalt-silver soil anomaly. This now extends the strike of anomaly 1,500m to the northeast and ties in well with the initial interpretation of NE-SW trending curved mineralised structures that were sampled in a quarry area that reported grades up to 0.13% Co, 1.27% Cu and 50.3 g/t Ag in individual samples (Figure 2; ASX announcement 27 February 2018). Check sampling of the VMS vein material within the quarry was completed by Company geologists during the period and confirmed the accuracy of the historical assays with grades of up to 0.12% Co and 33.5g/t Ag reported in individual samples (Table 1). Close spaced infill soil sampling with the aim of extending the sample lines to the east of the large CuCo-Ag anomaly, and to cover the various target areas identified through the re-interpretation of the regional scale geophysical and geochemical datasets, has commenced and is progressing well (Figures 3-4). In addition, the prospectivity of the area is further supported by a float sample 2km to the east of the quarry that returned grades of 2.7% Cu and 61.5 g/t Ag (ASX Announcement 22 February 2018).

Of course, the drilling will confirm the viability of the project (or not!) and the drill sites are being determined as we speak. Bring it on! Then there is the Eureka Lithium Project in Namibia to contemplate. 2018 could be a fantastic year for WKT shareholders....and the years beyond could be even better. Good luck to all holders.

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Hi do you have a link to the interview or was it behind a paywall?

WKT Price at posting: 16.0¢ Sentiment: Buy Disclosure: Held
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