Today’s tweet —- flagging for us to read the RNS again ??24 Sep 2021 13:10
I found it interesting that ARCM tweeted this morning a message that had the whole 22nd Sept dated RNS attached to it. It made me think whether maybe there was more to this than just some follow-up publicity on Twitter……Were they prompting the market to re-read the RNS more closely again ??
Anyway, that’s what I have done this morning by re-reading the RNS carefully and I think I have identified a couple of important aspects that perhaps went mostly unnoticed by LSE posters back on the RNS publication day, when instead I think the main focus was on use of the word “massive”.
The sentence in RNS that has really caught my eye this morning during the re-read is as follows:-
“The first hole which is currently being drilled, approximately 500 metres to the northwest of the previous oxide drilling campaign, has intersected massive and disseminated copper sulphide mineralisation,…….”
The first aspect that I have noticed is use of the word “disseminated”…. I wondered if this word like had been found to be the case for “massive” was also having a specific geological meaning ? So I checked in glossary of geological terms (attached for reference at bottom of this message) and sure enough it does, namely:
“Disseminated = minerals that are fine grained and often occurring uniformly throughout host rock, generally used to describe economic mineralisation”
Now that’s a pretty exciting definition IMO.
The second aspect of the RNS sentence that I found interesting is the fact that this first drill hole is ongoing with its drilling…..now if you consider it would have taken probably a good few days to get the photographed core sections extracted, organised into the sorter, XRF analysis performed + prepare/publish the RNS….Then to still several days later be carrying on drilling this same hole would IMO indicate that they are continuing to find mineralisation as they go deeper that warrants them doing this. Now that’s a pretty exciting hypothesis IMO……
http://resourceopportunities.com/geology-processes-explained/
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