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Ann: Drilling intersects visible copper and gold mineralisation, page-105

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  1. 10
    909 Posts.
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    Get some perspective. 75% of the economic value at current metal prices in this hole is GOLD. The gold equivalent grade is 3.8g/t over 55m and it's from surface. The top 25m is in fact 6 to 7 g/t gold eq. and it's FROM SURFACE.

    These are resoundIngly economic parameters. That this hole is closer to the SE porphyry target, relatively flat lying and changes in character from more copper focussed to free gold in veining and more gold than copper is significant. The next assay on the hole below this one will be quite telling.

    When you spread the high grade copper intercepts within over a whopping 55m whIch is all gold mineralised, of course the copper intercepts appear diluted. Thats simple averaging maths and is in no way disappointing.

    I do agree however on re those that sold it down before even the first assay.....Only eclipsed by some of the bizarre rants on here.
 
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