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Ann: Trading Halt, page-20

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  1. 1,315 Posts.
    lightbulb Created with Sketch. 52
    Sorry to burst anyone's bubble but this conductor will not be shallow as some identified in previous programs. The good thing is we could be getting closer to the source or one of the sources in this large area. The other is that being  deeper we could see some great Ni and Cu grades, given the strength  of the conductor this is almost a given. As per the previous announcement:

    The best sulphide intersection in the
    hole was a metre-long intersection of stringer and vein sulphide (305.3-306.3m downhole),
    including a 10cm vein of massive sulphide (Figure 1).
    DMDD0012 was subsequently surveyed by DHTEM, with the thin massive sulphide vein
    observed at 305.6m downhole apparent as a minor in-hole anomaly. More importantly a highly
    conductive off-hole source has been identified down dip from the massive sulphide intercept. A
    robust model fit has been achieved with conductance levels ranging from ~12,000-28,000S, with
    an interpreted aerial extent of ~50x150m. This is a highly encouraging drill target with all
    geological indications pointing towards a well-developed, highly conductive Fe-Ni-Cu sulphide
    accumulation within Ruins Dolerite
    .
    Last edited by Corker: 25/09/17
 
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