I don't know much about www.livewiremarkets.com but at least we get a mention somewhere.
Link is here:
Roughly says:
Anglo Australian thinks big on Kalgoorlie’s doorstep
It’s kind of fitting that with the Spring Racing Carnival upon us that John Jones at Anglo Australian Resources (AAR) looks to have notched a mine discovery of some sort with the first round of drilling at the Think Big gold prospect near Kalgoorlie.
As mentioned here back in early August when Diggers & Dealers was in full swing, Jones was about to kick off a drilling program at Think Big, so named because of the practice of naming prospects on its broader Feysville project area after Melbourne Cup winners.
Think Big won the cup for Bart Cummings in 1974 and 1975, so by extension Jones should have twice the luck in the hunt for gold at Feysville, all of 20km south of Kalgoorlie’s monster Super Pit.
Its early days, but judging by results from the first drilling campaign by AAR at Think Big, that just might be the case. Its Kalgoorlie location has certainly got to help in future determinations on a mine development being possible.
Primary gold mineralisation ranging from 1g/tonne to 1.7 g/t gold over a strike length of 200m and widths of up to 50m (including a best result of 49m at 1.71g/t gold from 33m) were returned. The bedrock target is open along strike with another 1km of Think big to be tested with the drill bit.
The primary mineralisation remained open at depth in some of the holes and was overlain by a supergene-enriched blanket which returned some high-grade hits (including 12m at 7.31g/t from 36m). It is potential sweetener of any future mine development.
Back in August, when AAR was mentioned here, it was a 4.8c stock. It has since motored on to 6.2c for a market cap of $16.5m. It would be nice to repeat that 29% return by picking some winners over the Spring Racing Carnival, but that would be dreaming.
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Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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