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[USER=3610]@Sean K[/USER], they've acquired a specialized dd rig for drilling on soft salt lake surfaces. Not sure of the reasons for delay apart from previous rig getting bogged.As for what I see, have you read any posts or announcements. This is a previously undrilled prospect in Kalgoorlie terrane. They've only used aircore so far so only got a sniff if the bedrock below lake sediment. But every hole has come up with significant mineralisation and this is over a large area. The samples of gravel below the sediment are highly suggestive of a 'deep lead' from a reef nearby, if nor directly below. The gold bearing chips are angular and large suggesting they have not travelled far. This is analogous to the tier one Kanowna Belle deposit in the locality where a deep lead was initially discovered beneath cover. I believe I am right in recalling that their expert Geology consultant said that salt lakes occur for a reason - implying I believe underlying past water movement. Anyway we will see, I have punted 410k shares.
[USER=3610]@Sean K[/USER], they've acquired a specialized dd rig for drilling on soft salt lake surfaces. Not sure of the reasons for delay apart from previous rig getting bogged.
As for what I see, have you read any posts or announcements. This is a previously undrilled prospect in Kalgoorlie terrane. They've only used aircore so far so only got a sniff if the bedrock below lake sediment. But every hole has come up with significant mineralisation and this is over a large area. The samples of gravel below the sediment are highly suggestive of a 'deep lead' from a reef nearby, if nor directly below. The gold bearing chips are angular and large suggesting they have not travelled far. This is analogous to the tier one Kanowna Belle deposit in the locality where a deep lead was initially discovered beneath cover. I believe I am right in recalling that their expert Geology consultant said that salt lakes occur for a reason - implying I believe underlying past water movement. Anyway we will see, I have punted 410k shares.
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