Of note, hole LNR1109 intersected quartz veining and 1m of massive pyrite at 104m within the target area.
The significance of this intersection will await assay results but it further confirms widespread sulphidation along the major deformation zone located on the southern margin of the Marymia Inlier.
will define the targets for the next major program of RC drilling.
they must be pretty confident with finances.
im going into next year with the anticipation of them executing the below, and seeing the share price at many multiples of where it’s at now.
Major drill program to fast-track the understanding of the scale of the discovery.
Define JORC-compliant Mineral Resource
Advancing and testing the regional targets.
Development options being considered to fast-track production and cash flow – small starter project, toll treatment, contract mining.
Potential spin-off of non-core exploration assets in WA which have drill ready targets and carry significant upside.
Xmas/early new year period is often an interesting time for some stocks, usually to the upside.