Very nice progress. I have always liked Roe 2 prospect a lot !
Interesting that hole-22 was designed to test the strike/plunge extension of historic ROE2 (8.6m @0.5% Ni) and..... yep.. there it is. Amazing. Although 22 was previously reported (12th Aug), it is only now that the assay indicates its significant strength.
The hot spot in the 23m intersection of disseminated Nickel also has 0.24% copper. A very useful metal credit which may carry into any potential local deposit.
It appears that MLEM has not been done in this Roe 2 area yet (ref 10th Sept report) or has only just been done, so the targets postulated in the diagrams do not have the benefit of this info to indicate their presence or not.
However the DHEM work has been done on -22 !! So the next announcement might show a strong conductor in the vicinity of -22. Wouldn't that be something. Its Neweco interpretation could well be reported in the next few days. I suspect they might already have an inkling of something.
This technical approach is how these guys found the other big deposits. They are going about it the same way. Modelling from drills, historic and current, then drilling to test the model.
The strength of their modelling at Roe 2 is indicated by the hit at -22.
So MLEM at Roe 2 in the area between historic "Roe 2" hole and RHDD0022 might also show a Cat 1 conductor at larger depth sitting in the "possible embayment" observed from aeromagnetic imagery.
Well the scene is set... for those with strong nerves....
Such halos (23m) as observed in -22 have in the past been pointers to the deposit sitting proximal. So.. they have seen it all before. And here it is again.
I get a good feel about this one.... the pieces are falling into place.
The question is.... "is there something below this significant halo?". Bring on the DHEM and MLEM to further define things, before the expensive diamond drilling starts.
All looking good.... they are homing in on it. Each day brings a better understanding of the whole Roe Hills area.
Quite happy to sit and wait. MPJ is a good speccie.
MPJ Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held