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Soil samples at Innouendy...significantly higher in PGEs than Chalice's Gonneville, page-2

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Ajjax

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23/12/21

05:09

Post #: 58474502
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Originally posted by Goldhunter122: ↑

- The Heritage Clearances are now done for Innouendy, Dingo Pass and Belele.

- Drill rigs booked and will start drilling at Innouendy (24 drill holes) in January 2022 (hopefully early January) in the high grade PGE areas west of INDR008 drill hole.

Some very interesting comments where Dr Rob Stuart and Tony Worth compare Innouendy's PGE soil samples and drill hole to Chalice's Gonneville at Julimar.

1. "The single hole so far drilled into the intrusion at Innouendy peaked at 0.59 g/t PGE whereas Gonneville averages 0.94 g/t over 330 Mt.

2. "Soil samples over Innouendy would appear to be significantly higher in PGEs than at Gonneville."

3. "If the dimensions and grade returned from drilling are consistent with the ratio of soils to rock from INDD008 it would represent a very significant development for the project."

The two soil maps below show the similar size (footprint) of Desert Metals' Innouendy PGEs and Chalice's Gonneville PGEs at Julimar.

It also highlights the PGEs at Innouendy sitting in the high-grade zone between 25PPB and 40PPB, whereas at Chalice's Gonneville the high-grade soils (in orange) returned ~5PPB.

Chalice's market capitalisation is at $3Billion (230x Desert Metals' market capitalisation) which stands at only $13million at 23c share price.

I'm looking forward to the 24 drill cores planned in January at Innuoendy. Over the high-grade PGEs that were returned in the soil sampling as well as drilling at the Dome under Dingo Pass and its 5-6 Nickel Copper PGE conductors (that returned very high high Siemens ~12,000 readings.)

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DM1 Price at posting: 20.5¢ Sentiment: None Disclosure: Held
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Soil samples at Innouendy...significantly higher in PGEs than Chalice's Gonneville, page-2

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