"The final samples confirm the presence of high-grade lodes within a broader gold mineralised zone associated with a large gold system. The Company currently believes the gold system is most likely an Archaean gold lode type related to a large structural setting orientated in an NW – SE direction approximately 3.5km in length and 1.5 km wide. However, there is some geological and multielement evidence of intrusion-related gold (“IRG”)."
The above description probably describes it best to those who have sold out previously.
Not every hole will hit with wide spaced drilling and you have to understand the area also. There is not continual slabs of gold mineralisation in the area or in many areas at all for that matter!
This area contains high grade lodes or veins that make up a much larger system. See LSR's recent results, look at Plutonic. Look at DRG. Pretty much all the same.
More drilling will help define some of these sweet spots that make up the larger system imo.
"The final samples confirm the presence of high-grade lodes...
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