AAR 3.85% 13.5¢ astral resources nl

Ann: Feysville Gold Project Update, page-2

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  1. 9,235 Posts.
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    Saintly South Prospect
    • 4m @ 49.67g/t Au from 68m, including 1m @ 191.4g/t Au, in hole FRC059


    I guess this hole will dictate the other drilling going forward. Not a huge intersection but very promising one for sure...

    "Fine gold was panned off the 1 metre sample"

    So all in all around 40 holes drilled so far and almost everything has returned some gold hits - even JJ is a bit surprised at the hit in FRC059 ( the Company recorded what is arguably (in isolation) the most significant intersection so far received for the entire Feysville Project)...

    this definitely makes the further drilling here in Feysville as given... we are unearthing a shallow, medium thickness BUT spread over a HUGE area (in kms) of 1-5 gpt grading of gold...

    I am no expert but looks like we could be here for a while trying to find THAT one drill hole that makes this whole COMMERCIAL... would love to hear from those that understand gold drilling and COMMERCIAL VIABILITY to see if this can be turned into a mine worthy asset at gold around US$1350 now... a lot of punters are putting gold ABOVE US$1500 in 2019 but I will stick to a lower figure for now for a feasability purpose...

    I am waiting for MAKYBE DIVA to be drilled or discovered... that will get AAR in the league of NST or SBM imo
 
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