RE: RNS27 Mar 2018 08:47
Following this review a Fixed Loop Electromagnetic Survey ("FLEM") was completed over the interpreted positon of the channel in an attempt to better resolve moderate EM anomalies recognised from historic surveys.
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The results of the FLEM survey did not identify any significant bedrock conductors within the channel facies position of the Hanns Camp ultramafic that warrant drill testing. However, a significant conductor marginal to the channel position was identified. Due to this position the conductor is not an immediate drill target, and further detailed field mapping of the area around this conductor will be completed to improve the geological understanding and asses if drill testing is warranted.
Subsequent to the geological review of the Project completed in conjunction with Dr. Gole, additional targets within the Hanns Camp Project have been identified as potentially hosting komatiite lava channel-facies rocks. These targets have had nil to only minimal historic testing by historic exploration.
Sounds like the channel was a bust but that there is a different target now. It's another poorly worded RNS. I suspect I know what Mr Mkt will say. For goodness sake...does anyone know the email for JP. The PR is shocking