The SAM survey data looks pretty good, will be interesting to see how they approach the follow up drilling or if they go for a large scale soil geochemistry program first, so they know where to drill along the 2km strike length of the SAM conductivity target. Although its encouraging to see the isolated but high grade gold rock chip samples in the area, the coverage and sampling isn't detailed enough yet and I think they will need to do some additional mapping and/or sampling to generate some discrete targets along this 2km of strike length.
The SAM conductivity unit definitely does seem co-incident with the Mt Freda structures and cross cuts the general N-S trending stratigraphy, lets hope for AMG's sake its either pyrite with lots of gold, or possibly some other conductive sulphides like chalcopyrite, rather than a graphitic fault zone.
AMG Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
