Not to be cynical, which I frequently am with mining investments I hold - make the diagrammatic cross section/ long section with holes 65, 66, 67, and 75. Even though only 67 and 75 hit, you can easily spot a hole maintaining an equidistant drill spacing from these two with a 95% chance of hitting 10% Ni and 7% Cu over 1m. Download the map from Donner, strain your eyesight, and you'll see what I mean.
This would show continuity but not define the elephant, but the stock would likely react favourably. Not something that Teck would do, given that current drilling isn't even close to the interesting bits of the gravity/mag/em anomaly, but an exploration option none the less.
Cartaway? Did anyone ask how much pyrrhotite was in the sample? Zero economic value, but gives wild EM anomalies and really heavy core boxes. Cartaway was one of the few plays that give real evidence you should short the stock for all you're worth, never mind the ridiculous valuation.
Champagne in an exploration camp? Poofs. Real field geos have always drunk beer. In quantity.
Regards,
Geo-fanatic Ujina |
