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Ann: Diamond Drilling to Commence at Wodger, page-4

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bmloho

595 Posts.

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28/09/17

10:11

Post #: 27510834
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Originally posted by Shady Merv ↑

These are the salient points imo:

1. There were 5 holes drilled, less than I had expected - total length 1,251ms. The 5/9 ann said a total of about 2,500ms, including diamond.

2. The drill collar information for those 5 holes is provided (time for some plotting!) - depths (end of hole = EOH) were, and in hole order, 177m, 255m, 219m, 225m and 375m.

3, The RC drilling has mapped the geometry of the oxide copper mineralisation which will be confirmed by lab assays 'expected in the coming weeks'.

4. A 550m diamond hole is to commence immediately 'to test the thickest part of the modelled down-plunge projection' to target copper sulphides at depth - purpose of the DD is also to test current interpretations, develop further understanding of the structural and geological controls on mineralisation and a high-powered DHEM to look for mineralisation beyond the current drilling.

5. The diamond hole will take about 2 weeks, then lab assays about 6 weeks after that.

At first glance I thought that there was not much in this report, but on reflection I believe that it may tell us quite a bit. I'll think about it!

I'd like to read what BeeJaye thinks.

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Looks good.

They would not have gone ahead with the DD unless they had strong indicators.

Cheers

AUR Price at posting: 7.6¢ Sentiment: Buy Disclosure: Held
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