Yes they are incredibly shallow hits, all drills in that table started to hit high grade mineralization from 10-20meters which is almost unheard of IMO.. Don’t get me wrong I originally invested here for the tungsten/tin deposits but this Nickel/copper/PGE deposit has a blue sky potential.. And as per the VTEM survey done by RFR at Midrim early last year… They found an even stronger anomaly than the original target that those drills were pulling up such high grades at.. Looks like they are of the opinion that there could be a massive feeder zone deeper down where all those high grade veins are coming from..
Nickel prices have gone up over 60 percent since we acquired the project and since then FMG and BHP have been scouting Canada for prospective nickel projects.. There is massive potential here and if we were to hit that high grade feeder zone. Then I would expect a 5-10x re rate IMO..
Tin prices all time high, nickel prices all time high, copper prices all time high, tungsten prices all time high.. RFR is severely undervalued in my book..
