AAR 3.70% 13.0¢ astral resources nl

Ann: Feysville Update, page-5

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  1. 1,187 Posts.
    lightbulb Created with Sketch. 8
    Very good progress IMO - the bits standing out for me:

    Think Big: "The intersection in FRC081 of 17 metres @ 4.86g/t Au includes a very high-grade supergene zone of 4 metres @ 14.9g/t Au which is along strike and 45 metres to the NW of a similar high-grade supergene interval of 6m @ 12.91g/t Au intersected in FRC0151 . Shallow high grade gold mineralisation of this style at such shallow depth would make a compelling target for initial open pit mining."

    ==> This could provide quick $$$ for ongoing development of the various projects for years to come.

    JJ: “Not wishing to sound like a broken record, the more we drill at Think Big and Saintly, the more gold mineralisation we identify.... The fact that metallurgical test work of Think Big ore has delivered excellent recoveries ticks a further box towards the establishment of a mining operation."

    ==> Conservative JJ sounding pretty bullish.

    Interesting to hear that Northern Star Limited is an immediate neighbour to the south at Feysville... a 4.5B MC gold producer spending lots on exploration ... How good is that!

    EE.
 
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