AUK 16.7% 0.5¢ aumake limited.

re: Ann: Significant Gold-Copper Porphyry Int... I think there...

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  1. 1,955 Posts.
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    re: Ann: Significant Gold-Copper Porphyry Int... I think there quite a few stale bulls from the last surge who might have taken the chance to get out.
    Noticed in the release AUK mentioned PT did some diamond holes. Think it was DDH2 that intersected mineralization at a down hole depth of over 400M. Even if they used a dip of 45d that still makes it a vertical depth of over 280M (I think??).
    Need to see what the N/S E/W extent is, but this might not be a small deposit.
    Copper grades are not great but gold is better than the other deposits quoted.
    Also check out the Mag diagram - very interesting indeed.
 
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