RIE 0.00% 0.2¢ riedel resources limited

Preliminary analysis of the drill samples by Australian Mines...

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. 10,010 Posts.
    lightbulb Created with Sketch. 103
    Preliminary analysis of the drill samples by Australian Mines similarly indicated that the higher-grade gold mineralisation at Dixon appears to be associated with increased sulphide and quartz content. Consequently, last month Australian Mines trialled a gradient array IP survey and complementing pole-dipole IP traverses over the immediate Dixon prospect area.
    Induced Polarisation (IP) has a demonstrated track record of directly mapping gold-bearing sulphidic quartz veining both along strike and at depth due to its ability to accurately detect the disseminated sulphides often associated with, but not bound to, the gold mineralisation3,4.
    Australian Mines is, therefore, very encouraged by the presence of a 200 metre long IP anomaly centred around the high-grade gold mineralisation at Dixon as it indicates this gold zone may have significant strike and depth continuity.
    The discovery of a second chargeability anomaly in close proximity to, and along the same lithological contact as, the known mineralisation at Dixon is equally encouraging as it suggests that potential repetitions of the Dixon-style gold mineralisation may exist throughout the six kilometres of prospective dolerite geology mapped within the Company’s Doolgunna – Marymia project area.


    Researching IP works, it would seem the company are onto something here.

    I would be very surprised if we don't intersect high grade gold in almost every hole within the chargeable zone!

    This IP work looks very much on the money imo.
 
watchlist Created with Sketch. Add RIE (ASX) to my watchlist
(20min delay)
Last
0.2¢
Change
0.000(0.00%)
Mkt cap ! $4.447M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
31 53671861 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 17189649 17
View Market Depth
Last trade - 16.12pm 15/11/2024 (20 minute delay) ?
RIE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.