a little quote from ARGONAUT today, " love Argonauts simple statement...."...We regard Bawdwin as the best underexploited polymetallic deposit globally. It has a number of compelling attributes including open-pittable high grade ore, <3:1 strip ratio, as a result of it location in a valley, proven extractability from historic processing and key transport routes already in place (via historic tunnels and rail). We stress that prior to MYL taking control of the project, the deposit was virtually undrilled with no modern geophysics. Historically, ore was defined by exploration drives and face sampling. The recent GAIP survey highlighted at least three new zones of potential mineralisation, including the ER Valley which could be a continuation/offset of the Meingtha Lode"
Of course they are only paraphrasing my own thoughts
Keeping in mind there where at least 2 geological events that created ore bodies in the region, and given that broken fault zone that is next up has never been hand assayed nor mined by earlier miners I'm expecting a nice result there as well. ( I wouldn't be surprised by more
Copper/Nickel/Cobalt)
When you consider that they have produced , ...65 Metres at 4.4% Lead Pb, 5% Zinc Zn and 125 g/tonne Silver Ag
PLUS 40 metres 5% Lead Pb, 1.8% Zinc Zn and 81 grams per tonne Silver Ag. from a single closer to surface core (that's
105 metres of mineralization at seriously economic grade) on an extension attempt you could be forgiven for thinking there is mineralisation everywhere. That new included high grade zone will set them off on further extension data as well.
Grossly undervalued but don't tell anyone, I have more cash coming shortly
