This morning's exploration update from TON is a good read (POS owns 13% of TON). Looks like POS may fire from all angles in Mar: Windarra project may finally get rolling(Harbinger as speculated by other posters & West Australian), TON gold exploration well underway, nickel price going great guns.
The highlights of the ann:
Triton is continuing to explore the region as a follow up to soil-sampling programs in 2009 at the Salmon Gums project that identified seven anomalies that warranted drill testing. Exploration over this area is targeting primarily gold mineralisation similar in style and size to the Tropicana deposit (+5Moz gold) located 500km to the northeast of Salmon Gums project.
Triton is due to complete a 12,500m aircore drilling program at the Companys Salmon Gums project
The assays of the drill samples and geological information are currently being processed to define the drill targets for the upcoming campaign of reverse circulation and diamond drilling due to commence this month.
So they'r targeting similar style & size of gold to Tropicana (5M oz), AC drilling assays due soon, RC & diamond drilling to start soon - & this is only one area of interest for POS.
More to come from their nickel, Harbinger & of course TWIGGY!
Could be an explosive Mar.
GL all
JL
This morning's exploration update from TON is a good read (POS...
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