Too me the key assays will be hole 1 and 3. After that holes drilled to the left of 3 in particular, especially if one is drilled at point 12 - 13 of their map would be of particular interest. I spoke about this in other threads and agree with @anatol where the best prospect is. Post #: 32930584
Assays probably won't be in for these first 5 holes to end May/early June at best. Would help investors if GPP laid down their theory on the deposit in more clearly worded Anns to what they are seeing and hypothesising. I hypothesised on why they drilled 4, 5 and now 6 but because4 and 5 haven't returned anything - pegmatites and refer Post #: 32873314 The market has responded accordingly because bluntly it is not clear what theory they are working to and investors just read no pegmatites there and press the sell button as not much to go by in the Anns themselves. (Punters are saying nowhere near as big as Greenbushes to take the phrase GPP kept sending to market based on these first 5 drills).
Obviously as JW is not on the ground, in effect what I am saying is what is the GSM geologists seeing. Or another way, does the on onground geologist/s still remain excited for prospectivity in the current drill site. All IMO
Another thing of interest is my recollection was they had 40 km of pegmatites on the acreage (not explored and a hypothesis) so would be interested as well what surface work they have been doing as well while the drilling is going on (what visuals are they seeing on the ground and why wasn;t an aeriral survey conducted?). Or in other words why pick this particular area where it is obvious the pegmatites, if they exist, are below surface where from recollection they at one stage talked about surface outcrops but obviously they haven't done an aerial survey etc etc Yes I know they trenched and why they are drilling but more interested in the theory they are working to as it relates to this area and elsewhere as well.
I am referring o this map:
All IMO
GPP Price at posting:
0.9¢ Sentiment: None Disclosure: Held