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1,451 Posts.
49
01/05/11
11:14
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I think the question in all our minds is basically:
What does the magnetic survey really imply on historic evidence:
1) There is definately REE there, unsure of amount ?
2) It could be a totally false reading, nothing there ?
3) There could be REE there, but what elements ??
4) There could be other metals there, instead of REE ?
5) In the past in such situations what was the hit rate of REE after a similar Mag Survey ? 1:1, 2:1 5:1 etc
Guess most of these should be answered by the Drilling, but would hope to get more informed & educated answer at this stage.
Anyone with knowledge & experience please advise if possible.
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