A nice announcement for us this morning. I checked quickly to see how the entire mineralized area looked as sometimes these types of drill results can be misleading. I am glad to report that there are no issues here and the EAR team have found a decent sized mineralised zone:
Often what can be hidden is that the zone is in reality a very narrow high grade zone with a sub-economic halo around it. However, in this case the residual 20m is also very economic at 12.91g/t.
NST haven't bought into EAR for a minnow sized opportunity. With Jundee just up the road (geologically speaking) NST may be thinking there are other monster deposits hidden within the region and along strike from Jundee ...
Cheers
John
EAR Price at posting:
29.5¢ Sentiment: None Disclosure: Held
