Additionally-Historical Significant Intercepts CLOSE TO SURFACE & never followed up on after first pass drilling by ABU -ABM Resources .
91 mts !!!!! These are very significant intercepts -volumes add up fast , remember this is also pre I.P. Surveys
that recently identified three Anomaly's deeper beneath these intercepts that are thought to potentially be the source of Gold .
Couple of ABU's Intercepts from 7 years ago at Kroda 3-Prospect below-inclusive of 0.2.0.5. & 1.0gp/t cut off.
KRRC100013- 57 mts at 3.83 g p/t , 29 mts at 6.38 g p/t , 12 mts at 15.69 g p/t
KRRC100014- 91 mts at 1.44 G P/T, 33 mts at 3.22 G P/T, 24 mts at 4.28 G P/T.
SEE ABU-ASX Release 27th September 2011- 7 Years Ago-For More.
North Arunta -North Arunta JV Presentation - Prodigy Gold
Asx Release 03/12/18 -Exploration update
Drilling commenced at Kroda on 15TH November Six holes for 943 metres completed, 2 others in progress.
Highlights
All holes encountered substantial intervals containing quartz vein fragments, coarse sulphide minerals and/orelevated arsenic and sulphur.
Mineralisation has now been intersected over 1.4 km ofstrike linking Kroda 3 and Kroda 4,
and confirming asignificant mineralised system.
The first batch of samples has been despatched for fire assay gold determination and results are expected within 2-3 weeks.
So first assay results expected between 17 Dec & last trading day-pre-xmas.
Exploration update signed off on by competent person being Dr Wide is currently an Executive-Director of Thunderbird Metals Pty Ltd, -The Managers of Exploration at North Arunta which provides exploration services to the Company and access to their highly regarded team of specialists.
All good thus far right ?-So why has this occurred -Sell off prior Exploration Completion Ann at yearly lows of 0.002c p/s and before we have had any actual Lab Results not expected untill 17 th Dec -Xmas period ?
11 Dec 2018) ...
1st 15,920,000 units at 12:09
2nd 110,000 units at 12:20
3rd 2,666,667 units at 12:21
Announcement is issued at 13:38- 11th December -NORTH ARUNTA JV DRILLING COMPLETED
4th 10,000,000 units at 15:42
5th 6,580,341 units at 15:50
6th 72,984 units at 15:56
7th 4,608,000 units at 15:57
8th 4,166,667 units at 16:10 -
Total sell 11-Dec -46,565,985
& Dec-12th-11,192,500 sold - Can GLA Directors & Dr Andy Wilde explain Why this sustained sell off is occurring at yearly lows in the s/p given actual Lab -fire assay results are not due untill the 17 December when Exploration interpretation, XRF scanning - & Compelling Intersections have been reported- pre actual fire assay's that are Stella & consistent with ABM Resources first pass exploration results at Kroda approx 7 yeary ago.
glh-salt
