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Nice pic.
https://twitter.com/AlienMetals
Hi normbeef -Got the seem about the side show but enormous potential that even bill will be very surprised - ( diamonds)
HH eccentric pragmatist love the terminology yes I agree it is good news but we do know what’s in the presents just not how big lol hey great news either way.
GTMU when you did your video the other day for UFO you did exactly the same video for the RMM chat and just changed the templates and pictures so that it covered their copper find that’s all I was saying.
Any way time for work people have a good day onwards and upwards.
Your right there Norm platinum is well on the up if there was a major platinum find it would be take this to new heights.
944T
change the title dont get it buddy ?
@ 944 Turbo I'm neither a glass half full nor glass half empty kind of guy .. I am that eccentric pragmatist that simply sees the glass as having 100% redundant capacity for it's current usage... no emotional view needed....
We've identified twenty potential targets for exploration, there is no way that can be viewed as bad news, the minerals/metals identified as potential finds at those targets could be really exciting if they are there.
Until we further sample/drill them we don't know if/what we will find... I described this as like receiving twenty birthday parcels for the very fact that until we open them we don't know what we've got... but I don't know anybody that would describe receiving twenty birthday parcels as a bad thing.
I see the 10%ers are taking their cut nice and early this morning.
944T
Excellent RNS! Plenty to tempt a JV partner.
All. I'm presuming that none of us are trained geologists. But I know someone who is. His name is Bill and he will interpret the information for us. Actually he seems pretty pleased with the progress so far.
I'm happy for my money to stay here. I invested when Bill joined UFO and I'm happy with returns so far.
My personal opinion has always been that the Silver at EH is a side show and that the PGE is what Bill is really after. Just look at the prices / demand for it.
Goingtomoonufo all you have to do is change the title on the one you did for RMM like you did the other day when you posted the one on here.
944T
Did i read here someone has 10 million shares here - You lucky person !
The project area includes the Mining Lease containing the historic Elizabeth Hill Silver Mine and the Munni Munni North Exploration Lease that surrounds it. I got a very good vib from munni munni - "We are very pleased with the results of this study and are already planning follow up ground exploration work on the higher priority targets with the goal of making the next discovery Max - Tell bill to focus on munni munni big time !!
sorry should say they look great surface grades but its good guide . still
Oh come on HH don’t be such a glass half empty you know has well has me for the survey to come back with 20 identified targets is great news. It also sets out the next phase for drilling which is another step in the right direction yes it might be some way down the line but it’s a great step in the right direction. The survey as identified the key elements in silver, copper and nickel all very sort after metals.
944T
Historical mining in the area were some if the best in oz so to have lots of targets is to me great news technology has come along way since 1980s
well my next preasation i was doing was copper acutally highest copper grade in world is 8 percent now with ufo having 3 percent is classed as high grade. at today copper price amazing
@starbright I'm no expert geologist but a statement of this nature really doesn't include enough detail to offer many "thoughts" about beyond the generality of being good news in having lots of potential targets to explore.
Think of it of shaking your birthday parcel and hearing a rattle, you assume that it must be good news to get a gift but know nothing about what's in the box and hope the rattle isn't because the gift inside is broken! We've just got the excitement of twenty gifts to unwrap ... who knows if any of them contain what we want...
As a committed LTH, I see this as spectacular news! How many times will we all refer back to this RNS in the future?...
@Goingtomoonufo. Company presentation released on 22/3/21 stated:
Maiden drilling program of 2,500m started February 2021 to follow on completion 2019 surface sample results included:
• 3.34% Cu
• 2.68 g/t Au
I have no way to interpret a release of this nature. Hopefully a poster with a professional background in geology/mining will be along at some point to offer their thoughts.
Great news everybody just what we were waiting for all we need now are the DSO drill results, I think this will be the big one for next week.
944T
Can anyone tell me copper grade we have do we know from capstone yet ?
Good news well done Bill this should get the SP over 1.00p today
Another little bit of goods news, but as we all know the real proof of the pudding will likely be at least a year or two down the line when we've been able to further explore/sample/drill these targets to get hard data out of the ground, extracting metals will be even further in the future.
However, the more UFO keep adding strings to their bow the stronger the case gets for just treating this as a hold and forget investment which you can just leave to do it's thing over time... for as Warren Beaty once said, the best timescale to plan on holding an investment is .... "forever"
At least we know what he will be talking about on the 20
Looks very positive