Apparently there is some thin cover over parts of the pegmatites masking it from direct observation. This thin cover is also shown on some of the PLS cross-section diagrams as well.
http://www.ga.gov.au/scientific-topics/disciplines/geophysics/radiometrics
Radiometrics :
1. The radiometric, or gamma-ray spectrometric method is a geophysical process used to estimate concentrations of the radioelements potassium, uranium and thorium by measuring the gamma-rays which the radioactive isotopes of these elements emit during radioactive decay. Airborne gamma-ray spectrometric surveys estimate the concentrations of the radioelements at the Earth's surface by measuring the gamma radiation above the ground from low-flying aircraft or helicopters.
2. Geoscience Australia and the State and Northern Territory Geological Surveys have systematically surveyed most of Australia over the past 40 years using airborne gamma-ray spectrometry. These surveys have been combined into a Radiometric Map of Australia, consisting of potassium, uranium and thorium grids of the continent at 100 metre resolution. The data are available for free download through the Geophysical Archive Data Delivery System (GADDS).
OK... setting aside the fact that MPJ are "extremely excited"... who owns the tenement that is really the extremely outstanding hot-spot?? The BIG red chunk between Zakanake and Mt York that is neatly excised from MPJ's tenements.
I may stand to be corrected but it appears to be Global Advanced Metals, with maybe a bit of it for Pilbara Minerals, according to figure 1.
They would be no doubt be delighted to have provided to them, courtesy of MPJ funds a detailed radiometric plan of this HOT part of their tenement... which seems infinitely hotter than ours in that location.??? If pretty colours are any guide.
The existing radiometric map, publicly available, is at 100m whereas we have it down to 25m on this survey. That is good I guess. The public radiometrics map would have given everyone a rough idea of the Global Metals hotspot in any case.
Final data will be received in the coming "weeks"(!!) ... ah well, I suppose that is better than months. So no drilling until the coming weeks have passed? and a few more weeks have passed while complete data is interpreted, and then a drill contractor engaged... ?
.. and yet "drilling to commence asap" was said on Feb 4 announcement. Seems odd.. but there is no doubt
an explanation.
I am mindful that someone just invested a huge amount in MPJ in one chunk.... massive!!
You do not do that without some in-depth research... etc... and local knowledge. Some certainty. You do not invest that $'s based on positive HC posts, that's for sure!
Anyway, I have put it in a dumb and simplisitc way. Maybe got it wrong?
Groping in the dark for the light-switch. There are twists and turns and if or when MPJ prove up a lithium resource here then there may some way of getting a foothold on this neighbouring hotspot. Someone here with far great experience than me (easily done) may have some thoughts on this situation. A knowledge of the Mining Code as it relates to adjacent tenements.
Now these MPJ guys may have suffered a bit from being out in the WA sun for years battling the heat and flies, but they are still no dummies. They would have been very well aware of this excised HOT area, and it makes me wonder if some accommodation has been reached with Global already?.... all sorts of possibilites exist if you are exploring and drilling for Lithium only metres away from their property ..one presumes.?
If you were Global, wouldn't you be tempted to drop an RC drill down vertically for 200m on spec???? Have they done that already? What exploration for lithium has been done in this this neighbouring hot-chunk in the past???? Any drilling at all?
Nice announcement, but it raises interesting associated questions that need answers... for me to be comfortable.... as well as very positive (which I am!!)
Would be great if MPJ were more accessible for getting answers to such annoying uncertainties.
