AON 7.69% 1.4¢ apollo minerals limited

Ann: Significant Gold Mineralisation Intersected Mars Aurora Tank, page-52

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  1. 4,791 Posts.
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    Sorry guys but from the available data it looks like another case of supergene enrichment in the weathered zone of a low grade ~0.5g/t primary deposit, and they've projected the supergene enrichment downwards which is misleading. Their 4m @ 5g/t from 16m is probably the same. Hopefully there's  another AON project gives you a reason to hang on to your shares.
    Here's a good example of how it could (or should) be interpreted. Supergene enrichment normally looks like a wonky mushroom with the primary mineralisation forming the stem of the mushroom. The way they've drawn it makes it look much bigger: upload_2015-6-11_12-50-31.png
    Last edited by Midnight26: 11/06/15
 
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