CNJ 0.00% 0.1¢ conico ltd

Rhodium at Mt. Thirsty?

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    I have already mentioned the tremendous importance of GAL finding Rhodium (Rh) at their Callisto prospect (GAL have already resubmitted samples from their NRC266 drill hole to the assay lab to test for rhodium, with the results due very soon).


    It of course goes with saying that finding Rhodium in the eastern part of R63/4 (MTJV tenement) would also be great news.


    With regard to the chances that GAL will indeed find Rhodium(Rh) at their Callisto prospect, specifically in hole NRC266, if you look at GAL's investor presentation to the 121 Mining-Conference on May 2021, you will see (on page 15) that they reported that two drill holes were assayed for rhodium, with prospective max. grades of 0.36 g/t Rh in weathered rock &0.18 g/t Rh in fresh rock


    Here is the link to this presentation:


    https://www.asx.com.au/asxpdf/20210526/pdf/44wt6g3t92tm9l.pdf


    Quite obviously, if GAL can improve on the above grades in hole NRC266, things will be looking very good for GAL indeed, and quite possibly also for CNJ.

    GLTAH



    Last edited by MarkyBoy49: 19/05/22
 
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