KAI 6.67% 1.6¢ kairos minerals limited

Ann: Significant Gold Nugget Discoveries at Croydon Project, page-21

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  1. 4,791 Posts.
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    What's with the upper case title? Nuggets are like finding a soil anomaly. It's an indication that maybe there's some economic potential in the host rocks nearby.

    Sure they get the punters excited because it's a visual cue for the brain but colluvial nuggets are rarely worth much to a mining company.

    Until they can effectively sample the host rocks by drilling or bulk sampling there is no way to get a feel for the grade and tonnage, i.e. economic potential.
    Last edited by Midnight26: 13/09/18
 
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