OK. I haven't called another T3. Just said A4 is beginning to...

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BrassTacks1

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133

04/09/18

17:02

Post #: 35409746
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Originally posted by Cashmeoutside ↑

I think it’s a bit early to call another T3 and who knows how the mineralisation lies. The only announced assays today were from the NPF contact at hole 3 (31m @1.1% from 560m) and a hit at hole 4 (19m @ 1.0% from 485m)... let’s keep things in perspective.

The comments of the mineralisation hit on the other holes seems promising - and is what I liked most in this ann. The positives for me is that is further evidence of the scale of this resource and another big tick on their method of exploration - all really good signs - how much more evidence is needed before the SP rockets?! it’s just a matter of time before we hit large IMO and I wouldn’t be surprised if the SP is being held down.. remember A4 isn’t really the #1 target - though being close to the plant will be very value accretive if a decent sized resource can be proven out.

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OK. I haven't called another T3. Just said A4 is beginning to look like another T3 in structure.

The NPF mineralised contact is deeper at A4, but the geology of this sediment hosted deposit is importantly similar to T3. The dome seems intact and the highly mineralised veinwork looks even better than T3 IMO.

MTR have released their RNS today, and the CEO states "“We are very pleased to announce further wide copper intersections on the A4 Dome, where drilling is building out copper mineralisation in a way reminiscent of the T3 Deposit"

I'm happy with that perspective myself.

MOD Price at posting: 41.0¢ Sentiment: Buy Disclosure: Held
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2 Great analysis

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OK. I haven't called another T3. Just said A4 is beginning to...

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