This is shaping up to be a fantastic epithermal Au target. Plenty of solid indicators; silica cap, strong As/Sb outflow anomaly, offset Au anomaly, strong radiometric K anomaly. I'm hoping the Rebecca zone is not just a single vein, but a buried epithermal system similar to Barrick's Alturas deposit. Its a flat-lying, 5 MOz Au resource, close to surface grading at 1.2g/T.
Probably the best indicator of mineralisation will be microcrystaline silica flooding of the drillcore (and the typical epithermal vein textures) with perhaps some sulphides, as it's unlikely there will be significant visible gold.
I'm looking forward to the first visuals!
OVL Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held