Ann: Drilling progress, Cloncurry & Prominent Hill,OZL-MEP.AX, page-36

As for any holders,  the more promising prospects, always the better, imo.

At first I thought recent drilling result came from Prominent Hill area.
But it is at Cloncurry QLD....... this may be caused by away for sometime and did not check announcements thoroughly.

Nonetheless, it seems Iris North conductance was 1500S (100m cover)
while Iris South conductance was 3200S (135m cover)......both relatively low as company said.

According to company announcement on 27 Sep 2016 'Drilling Progress; Cloncurry and Prominent Hill', page 4:

Iris Prospect - Geophysics extends target zone
In light of...............   
Close analysis of the data revealed subtle conductive anomalies on two of these recent 800m-spaced lines
north of Iris North at Electra, indicating the Iris conductive zone may extend up to 1.5km further north (Figure 5a).
Modelling of the response on line 7688200N indicates a steep west-dipping conductor at a depth of 300m
with a strike length of 350m, significant depth extent and a conductivity-thickness of 5000S.  
Modelling of the response in line 768900N indicates a steep west-dipping target at a depth of 380m
with a strike length of 450m, significant depth extent and a conductivity-thickness of 6000S............
......The northern conductive zone may represent a north trending brittle fault zone that cuts across the geological
and magnetic trends-as depicted in Figure 5b; if this is a fault, it could host structurally-controlled
sulphide mineralization, as evidence at Iris North and South.


General questions to those who background:
1.  Electra's conductance of 5000S and 6000S seems very convincing in comparison with relatively weak
Iris North 1500S and South 3200S. But the latter ones turned out sulphides mineralization (chalcopyrite
with pyrrhotite). If we consider any possible case scenario that Electra's detected conductors are to be
not valuable mineralization such as Cu (and possible Au), what would we possibly think?
2.  If above Electra's possible sulphide mineralization is extended (or connected) from  Iris North
and possibly South as well, theoretically Iris North could be more possibly conductive than South.
Iris North was less conductive and, with no drill core showing, it is likely less sulphide encountered than South.
How this can be explained?
3.  Apparently, if company drilled Electra's detected conductors first before Iris South and North,
it will be more economical and reasonable. Were there any reasons?

Any comments will be welcomed.

Regards,