MPJ 0.00% 0.0¢ mining projects group limited

Ann: Strong Off Hole Conductor confirmed beneath Nickel Sulphides, page-24

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  1. 1,029 Posts.
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    Like many folk here, I am very pleased that the black shale is not contributing to the EM echo. I did not trust it before, but now it appears that it can be absolutely disregarded. Great!

    The plan view of the blue Strong Conductor (only) contains approx 50% "new" area.. that is to say, area that was not defined before in the prior DHEMs. However it is still a Big target, and now it is a far more sharply defined anomaly which makes this new DHEM blue conductor considerably more targetable for drilling.... and less uncertain.

    The more angles you look at it from, the better definition you get of the mystery blue thing, one surmises.

    Hole 0023 which was a significantly deeper hole than 0004, now confidently says that it extends to approx 420m vertical depth!!

    MPJ say the anomaly is centred around a 260m true depth. Scaling roughly off the diagram it apparently extends from approx 180m start to 420m finish depth vertically so the useful zone is indicated as about 240m (vertical) in extent.

    That is, it occupies a 1/4km vertical depth zone, and the body is more if you consider the angle off-vertical !!!! Wow. A 1/4+ km possible ore body.... potentially.

    The thickness however is not mentioned. The term Strong is used and not Very Strong, which may be just an oversight and not worth dwelling on.

    A Plate Model may be good for boffins, but it lacks some visuality. Then again drawing a big blob of theoretical ore makes people start to think it is really there, which can be misleading... and eventually disappointing. So hence no enticing cross-sections, only technical stuff.. for now!

    You can see how 0004, 0005 holes would have slid over the top of the anomaly. 0004 hole vertical depth was only 220m, so the vast majority of the hole was above the 180m start. In any case, the end section of 0004 was well away from the blue conductor so it simply missed it.

    Possibly 0023 only sought to probe the mystery DHEM ... to take a side-pic of the strong anomaly, rather than go for it. It was an iterative step.

    I cannot see how MPJ can walk away from this puzzle without fully explaining it. So much effort and expense has gone in to this local hotspot and now they seem right on the verge of ... something.

    So what is it ? ...... hopefully by the AGM Party it will be known.

    Maybe announced on the day before and free champagne at the AGM... or just tea and coffee depending...
    DDuck will be loaded with questions to ask...

    As for Hole 0024.... ? That is the second mystery after the "What is the Anomaly?" mystery. Will it be the subject of a second and in-depth announcement, or will it be quietly forgotten, as if it never happened.
    There was certainly time to drill a second hole at RH_C8.

    Buy or Sell depending how you view things.... as always. Good luck!! PP
 
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