This is a large project (50km strike length!!) and will no doubt have varying grades along the strike. To give an idea of scale, 68 potential prospect sites have been identified.
The best outcome for this project is that the in-ground resource is proven as Direct Shipping Ore (DSO). DSO requires an insitu grade above 40% Mn, so anything above 40% is good news.
As pointed out by @Hokusai, 40-56% grades have been found in numerous locations in rockchip samples collected over a length of approx 20km.
The upcoming drilling results will help build a better understanding of the grades and extent of mineralisation. At a potential 50km strike length, this one has potential to be the mother of all Mn deposits.
DYOR + GLAH
PM1 Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
