Wednesday, December 29, 2010 12:38:49 PM
Reemember also that the IOCG anomoly that we drilled in Hole #1 covers only a very tiny proportion of the old RR property and therefore an even tinier proportion of the new, extended property. Both Shaylee as was, the remainder of Rusty and presumably the new area as well are not an IOCG opportunity (as I read it) but rather a more traditional opportunity to explore copper and REE mineralisation within faults laid down quite separately to the deep volcanic activity that caused the geomagnetic anomoly explored by Hole #1.
This is of course a layman's view. Perhaps others with more expertise can correct amy errors and elucidate us further...
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