[posting]36479402[/posting]
...und der kommentar unsres geschätzten TIBBS fällt
dann auch nicht weiter überraschend aus......
But I have been buying more the last 3 days ... trading cash though, so I will have to sell at some point.
I notice that the grades at Ondjambo are not great, however that hasnt stopped them from planning 3 more phases of drilling ... why? Well have a look at the grades for Oshiveli, they are excellent!! Much better than initial drilling results.
So whats the score? They know there is a massive amount of uranium in schists down there ... its a matter of finding it. The shchists lie in layers of uranium alaskites that angle down 45 degrees, and after the initial exploratory drilling, the geos get their computer models out & work out where the main bodies are.
People think EXT drilled right into the main dody on their initial drilling, but they didnt. EXT started drilling Rossing S in Feb 2007, then after some problems initial results were released on August 31, with the best result being a grade of 188ppm ... but from this first pass drilling they computer modeled the main body, and they hit it on the next phase of drilling. Great job!
So while initial reults at Oshiveli were so-so, these latest are excellent:
Oshiveli Drilling Intercepts
GSHRC0039
15m @ 194
GSHRC0041
48m @ 248
37m @ 230
including 25m @ 296
GSHRC0043
32m @ 228
including 12m @ 384
including 8m @ 302
GSHRC0044
53m @ 166
including 5m @ 408
including 25m @ 264
66m @ 240
including 5m @ 443
including 47m @ 286
GSHRC0045 114m @ 229
including 7m @ 305
including 35m @ 296
including 33m @ 406
26m @ 221
Expect the same with Ondjambo. I am expecting Phase 2 & phase 3 results to exceed those at Anomaly A. This is really one massive deposit that goes right around the Dome!
Great stuff
