Post by
trader53 on Dec 29, 2024 3:40pm
Thoughts on the visuals from phase three drill program.
The first thing that stands out for me is the fact they were able to intersect minerals on 24/24 holes drilled in phase three. What this tells me they are getting a better understanding of the deposit. What' s most impressive is the fact that the thickness of zones is growing which will rapidly add tonnage to the deposit. All 24 holes start from 10 meters to 20 meters from surface which supports a very low opex due to the fact that payable minerals will be recovered very near surface with very little waste rock. The thickness of the two zones run from 5 to 10 meters which are the thickest zones encountered to date. This also supports the fact that we have no idea of how big this deposit is yet, but we do know the last 24/24 holes just keeps adding more tonnage. Imagine if the two mirrored signatures to the N-NW deliver yet another deposit. If so, Dr. Julie was absolutely right when she suggested the geology supported Case Lake becoming district scale with the discovery of multiple LCT deposits.
Comment by
VeritasVern on Dec 31, 2024 12:55pm
24/24 successful drill results with more expected soon. Hard to believe with the 100% success rate and with stellar deposit amounts that this stock is still under $1.