I envy those who took part profits last week and can now buy in cheaply. Imo today's announcement has significantly increased the chances of making an IOCGU discovery at Churchill dam.
Two reasons why.
1. Both drill cores contain trace sulfides indicating that the system is enriched in sulfides and has potential for mre concentrated sulfide deposits.
2. The alteration system is very extensive with an area of about 100 sq km. My previous estimate of size was only half this. Obviously a larger size means potentially larger deposits and a greater area for deposits to occur in.
Assay results will be released over the coming weeks. Positive news will be increases over and above backgound levels for copper, rare earths and uranium.
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