AUR 0.00% 0.7¢ auris minerals limited

FPRC022, page-8

  1. 11,557 Posts.
    lightbulb Created with Sketch. 154
    It certainly does help M1950, and welcome to HC!

    I still haven't had a chance to revise, but admit that I had not readily remembered the matter of the Mining Licence Application. Your reporting has invigorated my memory on that particular point. I now remember having a 'chat' with Miles Kennedy on the good reasons for obtaining a ML, but not in any detail.

    Anyway, what you have reported M1950 now makes me think differently on the subject. My premise has now altered.

    These 2 highlighted differences between Wodger and Forrest struck me when I quickly read the 16/11 ann:

    aur ann 16 11 18.JPG

    The relevant reports will show that RNI followed the Forrest copper trend downwards, culminating in a DHEM discovery of a conductor at about 550ms. It lacked enough definition though to invite an expensive diamond drill or 2 or 3, so it was advised in a later report that another DHEM was being done, this time with a high-powered tool. I am sure that RNI never reported the results. Nothing was ever drilled, that's for certain. However, an informal enquiry that I made a couple of years later disclosed that the conductor was not drill-targeted as it lacked the necessary definition. I think that the word 'folded' was used, amongst others.

    So, the question still remains. Where did the near-surface copper come from? Where is the primary chalcopyrite? Does this new 'discovery' add to the story? I hope so! The riddle needs solving, same with Wodger, same with Big Billy.
 
watchlist Created with Sketch. Add AUR (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $2.383M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
4 1316025 0.6¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 393286 2
View Market Depth
Last trade - 16.12pm 08/11/2024 (20 minute delay) ?
AUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.