I've just read LSR's latest quarterly and it is interesting to see their MD and geologists are considering the possibility of an IOCG system at their K24 anomaly which is way smaller than the Johnsons Cairn anomaly where Sipa have planned their 700 metre diamond drill hole.I have also spoken to the MD's of a few other companies in the area who are starting to take seriously the possibility of the area hosting a group of IOCG deposits.There is another 2 large magnetic anomalies to the northnorthwest of Sipa which extend over leases held by THX primarily.If Sipa's deep hole should hit an IOCG system/deposit(looks like Sipa will be the first to drill)then I anticipate all hell will break out in this area .
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I've just read LSR's latest quarterly and it is interesting to...
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