MGV 2.74% 35.5¢ musgrave minerals limited

i'm kinda agreeing with @nammuldi on the 'marketing' of these...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 654 Posts.
    lightbulb Created with Sketch. 142

    i'm kinda agreeing with @nammuldi on the 'marketing' of these drill results, here is my calculation of the 'discovery intercept' when the high grade section is removed. leaving in all other +1g/t hits the overall grade is 197m @ 0.47g/t - not even gruyere is making money at that level.


    having said that, i would be extremely excited if one of my projects returned 45m @ 3.3g/t and i would be running hard to delineate the extent of that mineralisation. given that in all sections published the best intercepts are pretty consistent at 100m +/- 20m, why drill 300m deep holes going forward? perhaps this is a supergene effect and there could be a great orebody delineated cheaply and easily by targeting that?


    https://hotcopper.com.au/data/attachments/1374/1374203-f646ed9b27643843c1c2ffc7f862c4ef.jpg

 
watchlist Created with Sketch. Add MGV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.