Valuable insight. Thank you. Looking forward to @PoetPlus also.

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dolbes

5 Posts.

13/08/15

21:54

Post #: 15804580
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Originally posted by lucky 992 ↑

From some of the responses above, Im not sure that the majority understand the implications of the following part of the report....

RHDD0022 at the Roe 2 Prospect, has intersected a sequence of high MgO ultramafic rocks hosting disseminated Nickel Sulphides over a drilled interval of approximately 23m (104.4 -127.4m downhole depth).
 Diamond drill hole RHDD0022 confirms the development of a potentially significant mineralised system at Roe 2 and provides further support for the prospectivity of the entire 40km belt at Roe Hills.

In a past life, if I had of drilled a 23metre intersection of any sort, then the place would have been buzzing with excitement.
These patches must be "attached to" or are "associated with" a large body (of ore) somewhere. As the team has stated, "if mother nature has put it there, we will find it." That in itself is a huge statement....... With tenements of this size , it is extremely important to quantify the big picture before shooting for the "mother load" If you just drive off into the hills and start sticking holes in the ground then you are on a hiding to nowhere that's for sure. The area being tackled here is huge so will take time. Don't give up on it just as it is getting started.
If you look at the holes drilled so far and the number that have positive intersections then you need to ask yourself, where has this stuff come from? Nickel doesn't fall from the sky. There is a body of it down there somewhere. The equipment available today and the team we have is maximising the chances of finding it, that's for sure.
I'm guessing that @PoetPlus will chime in once he dissects the details and can give us a detailed assessment.

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Valuable insight. Thank you. Looking forward to @PoetPlus also.

MPJ Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
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Valuable insight. Thank you. Looking forward to @PoetPlus also.

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