DEV 0.00% 30.0¢ devex resources limited

Not wanting to cut in on @trousergecko lead but I have also...

  1. 260 Posts.
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    Not wanting to cut in on @trousergecko lead but I have also picked up on this info and was intrigued by what it may imply for DEV.

    The info was gleaned from Alex D's IR preso at last week's Boom in a Room... see link below. Go to around the 12 min mark. He drops the comments then.



    Alex references drilling in the northern part of the mapped intrusion in the only areas that are not in the Julimar State Forest. These are at the Jansz and Torres prospects (Torres was previously called Drummond). See the map below... the red circles are where I have speculated CHN will be drilling... as it's the only land outside the SF lines. I reckon CHN are tired of waiting to get access to the SF and want to push on with drilling for resource extensions... either way it bodes well for DEV IMO.
    https://hotcopper.com.au/data/attachments/3706/3706998-a6533a7453b426c6ada388e19f6ce684.jpg

    Also worth reminding some who may not be aware... Torres prospect is only ~7.5km to DEV's Sovereign Hill tenement boundary and ~11km to the bottom of the anomalies @ Sovereign. The anomalies that are being diamond drilled as we speak. FYI the below map is courtesy of @RobThomas

    So personally, I will be watching very closely what CHN's drilling produces from those northerly prospects. Could be very interesting for DEV to be possibly bookended by mineralised intrusions at Julimar and Yarrabrook / CPN.

    Could Sovereign be a feeder zone?

    GLTA

    https://hotcopper.com.au/data/attachments/3707/3707017-75c7d038fcdcf9b277e435fa04eb9b52.jpg

    Last edited by Brobel: 20/10/21
 
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