Navaho Gold’s technical team were aware of a reported gas flow from previous drilling in the
Blinman Diapir which indicated that the Neoproterozoic Tapley Hill Formation is prospective for
shale gas. Blinman-2 (drilled to a total depth of 2,031m) encountered gas at a depth between
1,200m and 1,600m within the Tindelpina Shale Member and equivalent vitrinite reflectance results
clearly places this unit in the gas window.
We have 50,000 square km versus EDE 1,000
EDE has not yet proven up there zone whereas NVG has the above....Will LNC want a piece of NVG?
Navaho Gold’s technical team were aware of a reported gas flow...
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