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10/12/18
11:43
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Originally posted by Geeenius
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Also agree. When 'Significant Visible Copper Intersected at Shallow Depth ' from hole 1 turns to just '25m @ 0.36% Cu & 4g/t Ag from 65m downhole depth, including 3m @ 0.7% Cu & 10g/t Ag from 65m downhole and 1m @ 1% Cu & 13g/t Ag from 80m downhole ' then not sure what to expect for assays from hole 3 which is described as just 'wide zones of visible disseminated copper '!
I did notice once difference in the presentation of the results. In figure 4 of the latest results, there is a scale of Cu Intensity added to the log. This hole is just tagged with zones of Cu Level 1 (green). Hopefully they continue this practice to avoid undue assay expectations? And maybe tone down the marketing a tad also?
That said, they continue to hit copper in every hole. And they hint that perhaps T23 has some nearby potential with 'EM data indicates potential may extend over a wider area at shallow depth beyond T23 Dome ' and 'Additionally, the T23 Dome is located immediately north of a very large, as yet unexplained target with multiple copper and zinc soil anomalies , extending ~60km along the centre of the T20 Exploration Project.' I wonder if the EM and soil anomalies are coincident?
Continue to hold but slightly less confident in the management. Bring on the T3 PFS!
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It’s strange to me that they assayed hole 1 first when it appears off the imagine 3 in the ann 21nov that it just had small amounts of secondary copper Malachite and chrysocolla.. the better section looks like the primary copper sulfides - chalcocite, bornite and chalcopyrite on hole 2 from around 230m downhole.