It looks pretty good but it may be much better. The big hit was RHRC053, 11m at 29.2% P2O5 from 27 meters. We may have clipped the edge of something bigger here. It's also 8m shallower than drill hole BCRC1900 at Ammaroo.
I like these comments from the announcement.
"Company is currently formulating a plan, and seeking the necessary approvals, to continue low cost drilling at Rockhole to define the extent of the high grade area of the exploration target."
"There is no gridded drilling nearby RHRC053 (Figure 2), and further drilling is required to investigate potential continuity of high grade mineralisation in this area."
VRM Price at posting:
3.1¢ Sentiment: Buy Disclosure: Held
