This announcement last year took us above 5c from a similar level to today. I am hoping Peter will make a similar announcement about next years drilling.
09:30 19 Apr 2016
A diamond core drilling program will commence this week on the eastern strike extensions of the Upper Zone within the Swit Kia Prospect.
The initial target to be drilled is a 2 metres wide interval that graded a whopping 195 g/t gold from 77-degree south dip in jackhammer trench sampling, followed by the Lower Zone that graded 3 metres at 45.2 g/t gold from 50-degree south dip.
Possible skarn mineralised areas located to the southwest, south and southeast of Swit Kia will be assessed for mineralisation prospectivity and possible future drilling. there seems to be heaps there.
results were narrow but still great levels for the first hole
Central Lower Zone Drill Core Assays to 183g/t Gold Downhole
Central Lower Zone Drill Core Assays to 183g/t Gold Downhole
Only three mineralised / silicified /brecciated core samples were analysed from hole FDH001, as extensive previous assaying has shown that they are the only geological types that normally contain gold. The DH001 samples covered a total of 1.7m, but were not all contiguous. A 0.6m intercept returned 50.7 g/t gold, from 3.9m to 14.5m downhole (adjacent to landslide colluvium that may have removed some of that mineralisation when it slipped), plus a 1.1m intercept that returned a weighted assay average of 79.18 g/t gold (including a 0.4m intercept that averaged 181 g/t gold -individual assays were 179g/t gold and 183 g/t old).
8 g/t gold (including a 0.4m intercept that averaged 181 g/t gold -individual assays were 179g/t gold and 183 g/t old).
the following long hole had no big numbers but mineralisation over the entire length. I would love to see a projected model of the Swit Kai gold zone to show the potential
Still got my fingers crossed on all fronts. Bugalo/ anglo, tolukuma, ferguson island, sinivit, Muller.
Time will tell
FNT Price at posting:
1.6¢ Sentiment: Hold Disclosure: Held