EXU 0.00% 17.0¢ explaurum limited

The under call is probably due to how the RC samples the clay...

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. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    The under call is probably due to how the RC samples the clay but the lack of reproducibility can easily be accounted for by a non-total assay scheme.

    The high grade is concentrated in most dd samples to a 1m and occasionally 2m interval so we really don’t know if the gold is even more concerntrated to an even higher grade in a thinner lamination in the clay. If so you could end up with an analogous example to the assay problem if the clay is moist and not easy to riffle split. The small portion of the sample that carries most of the gold could end up being missed in the sampling process after the cyclone on the drill rig. I doubt the samples being sampled would have hand the consistency of mud. They might be moist but you’d expect a reasonably dry sample at that depth. If the samples are very clayey they can cause trouble for sampling.Esh
 
watchlist Created with Sketch. Add EXU (ASX) to my watchlist

Currently unlisted public company.

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