Newperl Project3 Jan 2019 14:43
I dare not guess the tonnage here lol. This is massive! What the hell are we doing at a £3 million market cap? Its total madness! PC must have the biggest grin on his face. Dip your bread folks, we aint staying down here for long even with a fundraise. In fact, I can see us fly once we have cash. Brilliant results!
NewPerl Project
In the original discovery area seven samples were taken within an area 4.6km long by 1.5km wide within which perlite outcrops in a number of isolated mounds, hillocks and mesas underlain by rhyolite and surrounded by broad flats of alluvial cover. Two key targets have been identified for follow up where samples have shown excellent expandability results for horticultural grades of perlite. In one of these areas perlite has been found along a 200m wide flank of a 1km long ridge with up to 80m vertical relief. The second target area is a small knoll
where high quality horticultural grade perlite protrudes from the surrounding alluvial plain over an area 150m by 150m. Whilst small in area, similar material occurs as float over a wide surrounding area suggesting that similar material is found under shallow cover in the area surrounding this knoll.