Consolidated say up to 50% manganese, Shaw River say up to 40%. Both are good yields.
The drilling conducted by Consolidated was to depths between 20-75 metres. The drilling conducted by Shaw River was to depths between 3-30 metres. (Could there be higher grades under this?)
Interesting to note that before Consolidated became a private company they were at almost 5 bucks a share.
suppose that beneficiation is required from these manganese deposits at baramine. I'm sure SRR is still worth at least a fifth of Consolidated's ending share price (at 1 dollar a share) for manganese deposits that are at least a third of the quality.
SRR Price at posting:
20.4¢ Sentiment: LT Buy Disclosure: Held
