AIV 31.3% 1.1¢ activex limited

new entrant in the ree sector, page-4

  1. 153 Posts.
    I was looking today at the drill pulp results for
    flourence bore south the major intersection of 5 metres at

    @0.97% copper,0.38% gold & 1,182g/t treo at an average.
    of 84% hreo for drill hole AFC024.

    Overall from 2 metres to 88 metres AFC024 had a percentage of 0.39% copper not that flash but from 21-31m
    and 36-50m it was 0.73 quite acceptable for commercial mining.

    Of particular interest to me was the fact that the treo
    with the very high hreo% was found at 28-30m and 39-44m.
    Considering the depth of the higher cu% and treo imo
    if backed up would be a good case for open pit mining.


    Now we know AFC024 is only the first hole to be tested
    for rare earths in florence bore south which leaves us with

    AFC018 AFC018B AFC019 AFC020 AFC021 AFC022 AFC023 AFC025

    So i am assuming we will get results from the other holes,
    all of them have reasonable cu% AFC018B in particular at
    17m 0.66% which is 200m from AFC24.If it also exibits high
    levels of treos we could really be on to something special.

    The good thing is they do not have to drill they allready
    have the pulps to analize so hopefully we won,t have to wait long for results.

    We also have to take in account high rock chip samples
    of treos at ironclad
    greenvalley
    saddle ridge
    florencebore north
    sterling

    And our proximity to major tenament holders such as IVA & CYU

    Good luck all holders hopefully we will have a bright future with activex.

    Regards Silcop.



 
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