RE: 15p tomorrow?9 Jan 2024 12:33
If it is near the surface it's easy to extract I assume you are not referring to the type of ore as roofers covered that. So if you look at 19th Dec RNS, I know research is tedious, you will see that near surface ore is there. So your 'IF' is more an 'if' .
Results have identified a new shallow zone of bedded higher grade TiO2 mineralisation in addition to extending the overall broad footprint of significant TiO2 mineralisation and providing more information on the geological controls on grade.
· RC23COS004 intersected a shallow up-dip interval of higher grade bedded mineralisation that returned results of 154m @ 5.51% TiO2 from surface, including 6.28% TiO2 across the first 48m.
· Results indicate that it is the sandstone beds that host the higher grade TiO2 values within the bedded sedimentary succession of sandstones, siltstones and conglomerates. Future exploration will focus on identifying and delineating extensive, thick sandstone-rich beds in future drilling programmes.
· Further promising results are expected from the remaining RC drillholes, many of which were focused on evaluating the length of the coincident regional magnetics-gravity anomaly which represents the core of the giant mineral system.