Thanks Tcisboss and others for good quality post, lets hope...

Thanks Tcisboss and others for good quality post, lets hope assay results comes out good. You have my thumbs up too.

Unfortunately, when Ashburton negotiated land access with traditional land owner, uranium exploration is not being included. Not sure if they can explore for U now.

They use aqua regia assay which suggested to me that they are only focusing on gold, platinum group metals. Copper and gold are their main focus, other minerals such as silver, palladium, bismuth, manganese, RARE EARTH would add value to this project. Uranium if found, would definitely add credit.

They reported in previous announcement that mineralisation at Pokali is
OUTCROPPING and CLEARLY VISIBLE at surface over LARGE area. ( Imply large ore bodies??? will need Induce Polarization and further drilling to determine their extent of mineralization.)

Few things to note:
1. Copper results announced so far have been promising
2. Instead of selling other projects to develop their main Cuiaba gold, they sold it to fund Mt Webb exploration... Confident or dumb??
3. Directors provide funding
4. BHP previous involvement (quit because unable to negotiate land access) Geoscience Australia's studies on Mt Webb and Pokali.
5. Age of Mt Webb formation consistent with other IOCG project in SA. (refer to my previous post), Potentially similar Geology
6. That 'Chalcopyrite' thing CuFeS2 is commonly found in IOCG.

Disappointed by friday's trading.. nevertheless not a bad close.