Today I checked previous ENT announcement regarding Plato drillings and (GEM) MLEM surveys over various prospects at FR. And recognized that we carried our DHEM surveys at Plato drill holes #1, 2 and 3 after encountering 'magmatic nickel sulphides', but no DHEM conductors detected.
Then we had encountered several bedrock conductors at Plato South by MLEM. After some holes drillings, we could not encountered massive sulphide ore bodies (feeder sills). And then due to expected incoming financial difficulties (and possible other reasons like realization of discrepancy between surveys and actual outcomes and personal relationship with AON, we entered JV with AON (70: 30%).
Since then, company has carried intense high powered MLEM surveys over whole prospects areas and pilot test drillings (I do not know exactly where it carried out; seems company classified). As my anticipation, it looks ENT's GEM surveys turned out not correct or false readings by extraordinary or unique geological structure/formation in the region or unknown factors or so. I mean MLEM survey results were not credible at all. As we know company has emphasized several times from announcements that company needed high powered GEM surveys as previous surveys seemed detected only up to 200m and did it all over again.
As priority is vital and important issue, it seems initially company acknowledged and focused on both Plato and Oceanus prospects first and WA scheme fund was approved for Oceanus drillings already.
Recently company identified 3 credible bedrock conductors at Plato and as the most prior target company finally identified Plato North's conductor to be drilled upon fund is being ready.
The reason that I summarize past situation is that without background understanding, it is not easy to grasp current occurring phenomena surrounding company.
It seems the following facts and findings could lead the most prior target conductor(s) at Plato north.
1. encountered '
Today I checked previous ENT announcement regarding Plato drillings and (GEM) MLEM surveys over various prospects at FR. And recognized that we carried our DHEM surveys at Plato drill holes #1, 2 and 3 after encountering 'magmatic nickel sulphides', but no DHEM conductors detected.
Then we had encountered several bedrock conductors at Plato South by MLEM. After some holes drillings, we could not encountered massive sulphide ore bodies (feeder sills). And then due to expected incoming financial difficulties (and possible other reasons like realization of discrepancy between surveys and actual outcomes and personal relationship with AON, we entered JV with AON (70: 30%).
Since then, company has carried intense high powered MLEM surveys over whole prospects areas and pilot test drillings (I do not know exactly where it carried out; seems company classified). As my anticipation, it looks ENT's GEM surveys turned out not correct or false readings by extraordinary or unique geological structure/formation in the region or unknown factors or so. I mean MLEM survey results were not credible at all. As we know company has emphasized several times from announcements that company needed high powered GEM surveys as previous surveys seemed detected only up to 200m and did it all over again.
As priority is vital and important issue, it seems initially company acknowledged and focused on both Plato and Oceanus prospects first and WA scheme fund was approved for Oceanus drillings already.
Recently company identified 3 credible bedrock conductors at Plato and as the most prior target company finally identified Plato North's conductor to be drilled upon fund is being ready.
The reason that I summarize past situation is that without background understanding, it is not easy to grasp current occurring phenomena surrounding company.
It seems the following facts and findings could lead the most prior target conductor(s) at Plato north.
1. encountered 'magmatic nickel sulphides'
2. above has proven by a renown researcher same rocks and sulphides as SIR's Nova/Bollinger
3. scientific undeniable findings of 'must-be-existing' of feeder sills of above sulphides
4. coincident geochemical surveys
5. intense high powered MLEM (GEM) surveys
6. more understanding of regional geology/formation by pilot test drillings
7. possible initial consultant from very famous geologists/analysts
8. classified pilot test drillings
9. hic-tech computational geoscientific findings
10. top managerial personals naver fail invincible spirit of entrepreneurship
Regards,
magmatic nickel sulphides'
2. above has proven by a renown researcher same rocks and sulphides as SIR's Nova/Bollinger
3. scientific undeniable findings of 'must-be-existing' of feeder sills of above sulphides
4. coincident geochemical surveys
5. intense high powered MLEM (GEM) surveys
6. more understanding of regional geology/formation by pilot test drillings
7. possible initial consultant from very famous geologists/analysts
8. classified pilot test drillings
9. hic-tech computational geoscientific findings
10. top managerial personals never fail invincible spirit of entrepreneurship
Regards,
AON Price at posting:
1.8¢ Sentiment: None Disclosure: Held
(20min delay)
