From memory Sirius resources had intersected 0.61 of nickel with reconnaissance drilling, have forgotten the exact intercepts, none the less: they had identified It whIch later was the bedroCk anamoly of ni, cu and co.
With exploration stocks it feels like your trying to find the needle in the haystack, with the maiden drilling programme at eastern mafic they are now better equipped wIth understanding the geophysics of the area, it is positive signs to see that nickel is present and the theory of delinateing the nickel neck intersection of the ground is slowly starting to prove up.
I do believe the share price has taken a hit because the market was expecting a discovery, it would be very difficult to find anything, there maybe something there, there may not. I am waiting to find my own sirius discovery story which is yet to unravel.
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Ann: Eastern Mafic Confirms Nickel-Copper Mineralisation, page-67
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