EGA 0.00% 28.5¢ egan street resources limited

Patersons tips Egan St to double, says Barry FitzGerald, page-3

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    I've had to play around with the orientation from company slides a little, so this is not 100% accurate, but it does clearly show the shears and the historical workings. What strikes me is the number of historical workings along the B, C, D & E shears that haven't been explored in modern times. All prior workings and the limited drilling has been very shallow, not more than 30m depth from what i can ascertain. Shear A recently returned good grades at 401m depth (1.7m @60.7g/t Au).

    Detailed magnetic imaging data is due this month, this should give plenty of prospects to start drilling in the coming months.

    EGA have also recently been granted the tenements around the mine area as well (bottom image).

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    Last edited by Barolobill: 19/05/17
 
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