GREY:ESOFD - Post by User
Post by
Solveron Aug 07, 2013 12:15pm
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Post# 21654302
Boulder source
Boulder sourceFrom the latest news release AMW states that they believe that they have found the main mineralization zone of R390. There has been no reference to date that they have discovered the source of the large boulder field(s). They will only determine that, when they have their ICP and other analysis and the two analysis -boulder field-and core samples- have the same identifying analytical finger prints. That will take some time. Also if the main boulder source of R390 is the center of the ore body, it would only logically stand to reason that R390 would at least double in size.
In addition, they previously stated that they believe that the boulder field represents several different sources. Obviously from what they know to this point from analysis, there still reason to believe that the main boulder field source is yet to be found, as they now have a lot ot data, but none to confirm boulder field source (that we know)! They once stated that the present discoveries were in effect bonus discoveries and not likely from the boulder source.
It seems, at this point, entirely possible that there will yet be found other mineralized zones that would more accurately match ICP analysis from the boulder field. That gives the project much greater future potential as the boulder were exceptionally high in %U3O8.
Should have more news shortly I would guess!
DD
Solver