These phase 4 step out shallow rc holes interest me
The ten rc holes above t5 and Carr boyd are off at the lab for assay.
Most of the 10 have hit sulphides with some hitting semi massive sulphide.
As I've said before, if those assays come back at .75 to 1% nickel from surface to 250 meters and the step outs come back at similar grades, then we will come onto the radars of the IGO's, BHP's, and Twiggies ect..
Just for your amusement, humour me with this calculation.
5000m t5 strike x 250m depth x 600wide x 2.5 tonnes per cubic meter x .75% nickel..
Then once billions of tonnes of economic ore has been removed, we move into that 300 to 500 meter area where massive sulfides are being detected.
Watch out for these rc assays due in the next few weeks..
Its clear what esr are trying to prove and with Phase 3 having a 100% strike rate, personally im backing them in.
The insto buying over the last 10 days suggest they are also backing them in.
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