AMG 0.00% 5.1¢ ashby mining limited

Oh you get no argument from me that Iron Duke and drilling SAM...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,378 Posts.
    lightbulb Created with Sketch. 343
    Oh you get no argument from me that Iron Duke and drilling SAM anomalies is a great place to be, as you point out - they want to drill all of these Golden Mile features more comprehensively in the future and that will require quite a bit of site prep, native title clearance and a few drill rigs even to just start with drilling 100m spaced drill sections (before going into detailed 50m and 25m spaced drilling if warranted). What I was trying to say was that without knowing the strike length of the gold anomalies is difficult to even prioritize which ones need following up or not, but I am guessing anything with multiple metres (minimum mining width for open pit) over 3-4g/T Au should be considered high priority for follow up.

    I hope they stick with RC drilling to continue to evaluate along strike and down dip next year, although you don't get as nice an understanding of the geology than you do from diamond core drilling, at least with RC you can quickly test a lot of targets along strike and down dip and start to prioritise from there.

    I guess the other thing with the 2 x 800m AMG holes planned (whch will be diamond core drilling with possible down hole geophysics) is that this is usually a good plan to keep a drill rig or two occupied over some of the wet season, without having lots of rig moves with the issue of soft sodden ground and boggy creek crossings so logistically its always sensible to drill your deep holes during the wet (but still plan on weather delays and lightning storms and access problems for the really wet stuff).
 
watchlist Created with Sketch. Add AMG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.