Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Lol ! Calcs obviously Not You’re Strong Point ! Albeit One Of The Tigers Better Investments!
Just Need The Biggies To Perform !
Warrants will ofc have to be paid for :)
Very true Taylot. Cash no problem. Though I do think after the requisite ASX compliance listing 3 months period without a placing that we'll probably see enthusiastic Oz insti investors wanting in via a conventional commonplace raise of some sort.
I'm sure the SFR Qtrly will reveal real potential. A shame that Bots has had to lockdown so hard or I'm sure we would have seen a lot more rigs operating. The KML drilling will hopefully be unhindered as Discovery Drilling will presumably operate as bubbles on the KIT-E & W programmes. Really looking forward to that Tiger stamped project getting underway. KS and majors watching keenly.
As KS has been so quiet I'm keen to see where his focus is. Income will be healthy at these Copper prices, ADT investment worth a lot, but the de Grussa elephant in the room will need addressing. Will he use yet more of his cash to explore WA as priority, or will he be able to step up the pace in the Kalahari, or both? No sign yet that any other Bots targets have had any activity as yet, just the A4-T3 zone. I've booked to listen to the presentation on 28th. Fingers crossed for all proper holders of physical stock:) https://kapara.rdbk.com.au/landers/29a768.html
Daisy Wrong Again ! Re Marimacca !
Which shows how easily they can afford to move capital and fund what they need to.
Alas we are getting distracted by nothings, these smaller investments are but a side show to the main game in town - the KCB. A4 news and Sandfire exploration update due imminently (we know from Chris Parrish on Twitter and the sat images he kindly shares that there’s been lots of activity) this should give us more of an idea of NSR valuation - will we see some development on the monetising of that in some way? And now we have KML drilling to start with a 7000m campaign that’s a fair number of drill holes. 20-30+ I would think.
Good to see MTR's approx £257k investment in $MARI is now worth around £630k if they still actually hold their 146,956 shares and 70,978 Warrants.
T.MARI------- Marimaca Copper
Marimaca Identifies New Oxide Target at Roble with High Grade Rock Chip Samples
1 hr ago
VANCOUVER, British Columbia, April 22, 2021 (GLOBE NEWSWIRE) -- Marimaca Copper Corp. (“Marimaca Copper” or the “Company”) (TSX: MARI) is pleased to announce the definition of a new, large scale, copper geochemical anomaly at the Roble Target (“Roble”), which it plans to drill test over the coming months. In addition, the first phase of drilling has been completed at the Marimaca Sulphide Target, with all remaining assays expected towards the end of April 2021.
Highlights
Roble Target extends over 3km of strike
Strong geochemical anomaly identified extending 1,500m by nearly 500m
50m x 50m grid soil sampling completed
Reconnaissance and outcrop mapping identified widespread copper oxide mineralization
Numerous high-grade rock chip samples, including:
2.30% CuT, 2.21% CuT, 1.69% CuT, 1.66% CuT, 1.54% CuT, 1.08% CuT and 0.94% CuT
Widespread mineralization in rock chip samples above 0.1% CuT
Construction of drill pads at Roble commencing at the end of April for drilling prior to the end of the first half of 2021
Cindy Target drilling to commence towards the end of April 2021
Mercedes Target drill pad and access infrastructure preparation underway expected to be completed at the end of April 2021
Marimaca Sulphide Target drilling complete, awaiting assays which are expected towards the end of April 2021
Sergio Rivera, VP Exploration of Marimaca Copper, commented:
“The Roble Target has delivered several surprises, most notable is the extent of outcropping copper oxide mineralization, which now covers an area of over 1,500m by nearly 500m. The Roble Target itself extends to more than 3km of strike, of which the most prospective area has been sampled and mapped and defines a much more extensive system than expected.
“During our investigation work, we found historical reports suggesting that some very shallow scout drilling had been completed, with one hole intersecting approximately 14m at 0.5% CuT of oxide mineralization from surface. While this data cannot be relied upon, it does provide us with additional information in an area extensively covered by sands, sulphate regolith and post mineralization gravels.
“Roble is shaping up as a very exciting target which we intend to drill after testing the Cindy Target, which should occur before the end of the first half of 2021 more......
https://stockhouse.com/news/press-releases/2021/04/22/marimaca-identifies-new-oxide-target-at-roble-with-high-grade-rock-chip-samples
...........................
Copper >>> 4.2855 <<< +0.0065
https://www.investing.com/commodities/copper-streaming-chart