Great Boulder Resources (GBR.ASX) - Significant step towards piecing together Mt Venn

Thomas Schoenmaker

Wentworth Securities

I wrote about GBR's Mt Venn earlier this week at 23.5c (last 29C +23.4% - Metallurgy can make Mt Venn + Jundee South near Northern Star's NST.ASX major Zodiac discovery). Today GBR has announced a significant intrusion identified near the Mt Venn complex. There is no doubt from the language used, they are trying to make it clear they feel they are onto something significant. "Gravity survey highlights immense exploration upside at Mt Venn copper-nickel-cobalt project " "Survey identifies an extremely large intrusive body which is coincident with surface copper-nickel-cobalt anomalism". As background, prior to Mt Venn drill program and discovery, it was initially described as having some characteristics similar to the Sirius Nova-Bollinger discovery (now owned by IGO.ASX $2.7b mkt cap). The Mt Venn discovery so far has identified very broad copper-nickel-cobalt, with the dominant metal being copper. The copper occurs later in the sequence, and the target is to identify the earlier sequence which could be nickel-cobalt rich. (VIEW LINK)


1 stock mentioned

Thomas Schoenmaker
Director and Head of Wealth Management
Wentworth Securities

Tom is a Founder and Head of Wealth Management. For the past 10 years, he has been running the Wentworth Model Portfolios, focusing on macroeconomics and tactical equity positioning. These portfolios were initially created as a solution for "core...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment