ADT 0.97% $4.17 adriatic metals plc

Historic Holes, page-36

  1. 2,582 Posts.
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    I have once before been associated with the discovery of a Tier 1 deposit. It wasn't known at the time of the first drill campaign. However the first campaign drill results were truly exceptional. The big kicker was
    that the second campaign continued in the same fashion, and away it went.
    Zero to a half billion dollar valuation with a couple of years.

    If the dud holes due to the fault displacement at Rupice hadn't occurred, I would say ADT's exploration start has the clear potential for something exceptional. The grades and width of mineralisation are rare. But the fault displacement has thrown a spanner in the works. The next campaign needs to show some strike length, continuity and scope for material expansion.

    I recall Sprott has done a Rupice site visit and said the project had Tier 1 potential?
    I'm willing to run with that.
    Any extension of the strike length of this deposit at the grades and widths already found, and the market will sit up and truly take notice.
    The next 6 months are crucial.

    Gosouth
 
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