MQR 0.00% 1.3¢ marquee resources limited

I think one thing that needs to be remembered when assessing the...

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  1. 424 Posts.
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    I think one thing that needs to be remembered when assessing the economics of the project, yes it looks like a thin vein, however I didn't realise we lived in a 2D world.

    This thin vein is open in all directions, so yes they have found the historical intercepts but the thin vein is along a fault line. If this thin vein extends for 1-2km then we are looking at a far bigger resource.

    So first drilling campaign - assess the grade of the vein by drilling old holes to confirm resource and the depth, next step start drilling either side of current holes to find the strike length.

    I think if the strike length is as long as they think we are easily talking 10MT @ 0.3-0.4%

    Then we are talking economical and potential inground value way above 500 million
 
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