SAU 4.35% 8.8¢ southern gold limited

Ann: Quarterly Activites Report and 5B to 30 June 2017, page-15

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  1. 383 Posts.
    I agree @solidbricks - the brolly has to go! I might chip in a few bucks for a decent Oz Trail Gazebo.

    All of the epithermal Rock plates I've looked at don't help me one little bit with those pictured cores. I don't have a clue if there's Rhodochrosite or Ginguru bands in there - there is a few dark bands though!?!?

    A few things that are highly encouraging;

    1) the first holes were chosen for relative ease of Rig placement (maybe not in the most ideal geological position). Hydrothermal breccia and volcanoclasticly altered zones were mentioned, however, no direct mention of epithermal Quartz veins for the first two holes.
    2) Hole 3 has epithermal Quartz veins. That's what I was hoping to see in the first two holes. It said there's no guarantee of Au/Ag mineralisation, however, I think there's a fair chance of something reasonable in the upcoming assays. Still a chance of hole 3 laterally intercepting further Quartz.
    3) The width. Very good width, however, may mean lower grades than narrower veins (but they're so hard to hit). Now - if we only get rid of that brolly we'll have half a chance of striking some of these narrower high grade veins⛱!!!

    Also - love the section about assay labs in SK. All parties seem dead serious about resurrecting the Au mining industry in SK. This is confidence!!
 
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