SRZ 5.88% 1.6¢ stellar resources limited

re: Ann: Heemskirk Drilling Extends Montana T... highlightsIt...

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  1. 3,608 Posts.
    re: Ann: Heemskirk Drilling Extends Montana T... highlights

    It has also confirmed continuity of mineralisation between historical drill holes and current holes, highlights a convergence between Montana and Severn and supports extension of the 7 year mine life.

    In addition, shearing of a massive iron sulphide unit from 452 metres to 457 metres led to poor core recovery implying that the mineralised zone may be wider than the assays indicate and the average grade could be understated.

    Drilling Targets
    Given the close proximity of the Montana, Queen Hill and Severn deposits, a common source is the most likely situation with the deposits converging towards Montana which may provide the conduit for fluids from the granite.
    From an exploration perspective, this model suggests that the best rewards will come from following the known mineralisation down plunge along the Oonah/Crimson Creek contact. The zone down plunge from Queen Hill represents an attractive and relatively shallow additional target.

    Tin Outlook
    Tin supply has been in shortage for several years now with alluvial sources becoming increasingly less reliable and more expensive.....

    http://seekingalpha.com/instablog/485861-proactive-investor/2108892-stellar-resources-extends-montana-tin-deposit
    http://www.proactiveinvestors.com.hk/market_news/7129-stellar-resources-extends-montana-tin-deposit.html

    There should not be many worries getting an industry partner at this rate!

 
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