We need more holes drilled and analysis of the cores, its a wait for all this.
So far the early indications tell us that significant gold could be in the ground.
Some lab results will be forthcoming probably in the new year I would say.
It will be interesting to see what types of mineralization are defined in the core samples its then we can make some comparisons, the analysis might be quite different from Porgera however the regional geology suggests there is a gold deposit there and historically the area has produced alluvial and elluvial gold. Hopefully GMN drilling will find a lode deposit where that elluvial gold may have come from.
Really its not about making comparisons to Porgera its more about defining Crown Ridge/Wabag and how much.
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- Ann: Exploration Update - Crown Ridge Drilling & Pitting
We need more holes drilled and analysis of the cores, its a wait...
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