So the diagram showing VTEM Ch34Z in with synclinal folding and interpreted faults is the important diagram in this release, its important because you can see that the proposed drilling hits nearly every possible combination of structural traps, VTEM electrical anomalies and geochemical anomalies.
Although this may appear a bit unfocussed, its actually a good sign that AQD are testing as many different explorations scenarios as they can with relatively cheap RC drilling so even a success in 1 or 2 of the RC holes will greatly assist AQD in deciding which drill targets are viable hosts to economic mineralization and which ones aren't.
Once you understand the actual specific controls on mineralization with MVT style systems they are reasonably easy to explore for and drill out. Glad that I am holding this and the S32 connection doesn't hurt their credibility either. Its probably been 30-40 years at least since someone did some decent MVT exploration in the Edmund Basin.
- Forums
- ASX - By Stock
- AQD
- Ann: New Phase Drilling at Blue Billy Zinc Joint Venture Project
Ann: New Phase Drilling at Blue Billy Zinc Joint Venture Project, page-4
Add AQD (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.251M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 1554673 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 3907952 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.012 |
3 | 796457 | 0.011 |
4 | 454499 | 0.010 |
1 | 80000 | 0.009 |
4 | 472241 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 382388 | 2 |
0.016 | 170000 | 2 |
0.017 | 100000 | 1 |
0.018 | 27339 | 1 |
0.020 | 280000 | 1 |
Last trade - 16.12pm 22/11/2024 (20 minute delay) ? |
AQD (ASX) Chart |
Day chart unavailable