RE: RNS not out..18 Mar 2026 10:54
The MRE5 will come, scheduled as it is for this month.
Indications seem to be it will be ‘better than thought’ before 2025 drilling.
“intersected mineralised Main Vein with a weighted average grade of 87.6g/t Au, verifying higher grades than the resource model predicted”.
As I get it from AI, target 6 was,
Target Components ( presumably from Resource Model )
The target is divided into two primary geological segments:
* Main Vein: Estimated at 400,000 to 1.8 million tonnes at 10–30 g/t Au (130,000 to 1.7 million ounces).
* Hanging Wall Structures (including the 75 Vein): Estimated at 200,000 to 500,000 tonnes at 10–30 g/t Au (65,000 to 480,000 ounces)
And,
“Importantly, this new extension potential is in addition to the Company’s previously reported Exploration Target6, underscoring significant potential for further growth at Nalunaq beyond existing exploration scenarios.”