Ann: Drilling at Ambato Complete, page-6

I guess I gave a view in this post on what makes a good deposit:

Post #: 34616622

At a high level the results are  good in certain areas, but overall it is essentially about overall width and depth, and width and depth is not apparent throughout unfortunately (near surface width) meaning need more exploration to find a resource above at least 1% TREO to increase resource.  

If you look at the footnote, and refer to the embedded post herein handheld XRF only detects La, Ce, Nd, Pr and Y only (meaning the other 12 REEs are missed) notwithstanding assays are a better indication, which makes the results in some holes  good.  NdPr is probably the key REEs at this stage, especially for EVs. Refer: http://australianminingreview.com.au/commodity-focus-ndpr/

So, the results are fair but 'skiny' so lets see what further exploration shows. With more results at near surface width to 40 metres depth they would have been good overall, but need width.  On this issue I note that they essentially only drilled to a depth of 40 metes per hole btw (21 holes for a total 838 metres).  Obviously for some holes they drilled deeper and others less deep.    More drilling required  - understanding the aplite dyke a key certainly (as well as what is there in other parts of the tenement).

Be interested what others think.

All IMO IMO IMO IMO IMO

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