Also agree. When 'Significant Visible Copper Intersected at Shallow Depth' from hole 1 turns to just '25m @ 0.36% Cu & 4g/t Ag from 65m downhole depth, including 3m @ 0.7% Cu & 10g/t Ag from 65m downhole and 1m @ 1% Cu & 13g/t Ag from 80m downhole' then not sure what to expect for assays from hole 3 which is described as just 'wide zones of visible disseminated copper'!
I did notice once difference in the presentation of the results. In figure 4 of the latest results, there is a scale of Cu Intensity added to the log. This hole is just tagged with zones of Cu Level 1 (green). Hopefully they continue this practice to avoid undue assay expectations? And maybe tone down the marketing a tad also?
That said, they continue to hit copper in every hole. And they hint that perhaps T23 has some nearby potential with 'EM data indicates potential may extend over a wider area at shallow depth beyond T23 Dome' and 'Additionally, the T23 Dome is located immediately north of a very large, as yet unexplained target with multiple copper and zinc soil anomalies, extending ~60km along the centre of the T20 Exploration Project.' I wonder if the EM and soil anomalies are coincident?
Continue to hold but slightly less confident in the management. Bring on the T3 PFS!
MOD Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held