TAA tantalum australia nl

iron duke results due shortly?

  1. 749 Posts.
    TAA made a small rise yesterday and buy depth increased after two weeks of gradual declines. Is this in anticipation of further assay results from the exciting Iron Duke prospect? Could be a stock to watch over the next week.

    In late September TAA announced that closer analysis of its best assay results from the Iron Duke drilling had revealed the following gold mineralization:
    13m @ 20.09 g/t Au (including 1m @ 222.3 g/t Au)
    16m @ 6.04 g/t Au
    9m @ 4.27 g/t Au
    7m @ 6.23 g/t Au
    2m @ 9.63 g/t Au

    TAA has now identified two lodes defined to a depth of 30 - 40 metres over a 120 m strike length. Feasibility studies will follow. TAA also announced that tantalum and gold processing similarities would mean substantial cost savings.

    A 3rd lode was due for follow-up drilling this month so maybe this is what the market is anticipating.

    Conduct your own research I hold.

    R/Gupper
 
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