Major BS discovery more like it....have a read of the paragraph below, taken from http://rogermarjoribanks.com/collecting-rock-chip-samples/
"CHIP-CHANNEL SAMPLING
A chip-channel sample is taken when a mineralised, or potentially-mineralised, zone can be identified in the exposed rock. The sample attempts to define the approximate width and grade of the zone and the rocks immediately adjacent to it. Although the sample will be much more accurate and representative than the high-graded chip sample described above, it still provides only an approximate measure of the true width and grade of the zone. No one should ever use the assay results from a chip channel sample as the basis for a company announcement or prospectus (although this has been done – just Google “rock chip sample” for an egregious list of examples). No one should ever use a chip sample samples as the input to an ore reserve calculation (this has been done too). But with these reservations, positive results from chip-channel sampling provide the confidence to proceed to the next exploration stage: drill testing."
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