HXG 0.00% 2.2¢ hexagon energy materials limited

Ann: McIntosh JV 2018 Drill Program Summary Results, page-5

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  1. 430 Posts.
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    looking at the results would seem they have concentrated on Emperor, Wahoo & Mahi Mahi. Emperor being the project starter i expect this resource to convert to reserves. due to concentration on these targets (which already have a resource) except mahi Mahi, i suspect to see a moderate increase in resource. this drilling is to help more define the PFS converting resource to reserves. the big resource upside is currently outside what we can drill, the prospects of Threadfin and Marlin. once we get heritage clearance (maybe before 2h 2019) i expect these areas to significantly increase the resource. In time the drill bit will tell. we wait for scoping study, more end user type test work & resource refreshment (seeing more reserves). game on. 
 
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