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2.4¢ boadicea resources limited

Ann: Sulphides in drill core at Symons Hill in Fraser Range, page-5

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mick z

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27/10/15

10:13

Post #: 16259988
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Originally posted by ainsleym ↑

Not sure what to make of this. They have not said what type of sulphide. Is it iron sulphide, nickel sulphide or a mixture, or non of these . Portable XRF on site which I would expect they would have would pick up the chemistry, although not yielding a precise assay. So I am wondering why no comment. My gut feel is there is something there that if of interest but they don't want to overexcite the market. After all, other Fraser Range explorers have reported sulphides but when assays were returned basically little or no nickel. I can't see why just intersecting suphides would warrant a trading halt, other than ensuring all i's are dotted and t's crossed when and if we find out its a good intersection.

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They did say that they are planning for more drilling, so that's got to tell you something therefore I think it's Ni.

BOA Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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