Originally posted by eastwest101
More decent grades and hits but not exactly going too far along strike are they?
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At least they are RC drilling so the results will continue to come out at reasonably frequent intervals, but without follow up holes either along strike or down dip I wonder how they are even prioritizing what needs further drilling and when? I am guessing but it may just be a race against time (the wet season) and they have heaps of other places where they need the rig (Rocket, Iron Duke, Little Duke and Weatherly).
Note that those high gold grades are starting to get up into the old Tick Hill type numbers although obviously the geology is different and continuity and size isn't there yet.
Have a look at the gold distribution in the latest hole at Shamrock and how they got their 24m composite.
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In the announcement, it was mentioned that they are drill testing each of the 9 targets from west to east, and upon completion (which is not far away), they will commence a resource drilling program (I guess that's when they will test extension along strike & depth?).
Iron Duke will be very interesting to watch, sitting right above the purple shade in the SAM survey with over 600m of visual strike length. Definitely a high conductor zone, the question is at what depth?
Newcrest recently completed 6x 1000m DD, and is currently drilling more follow-up holes. AMG is being a little cheeky here with their intention to drill 2x 800m DD, perhaps as a proof & statement to Newcrest that their (assumed) mineralisation extends into AMG's tenement.