Originally posted by eastwest101
Logically trying to work out what the exploration results could be.
Most likely should be assay results from hole LD18RC006 (and maybe LD18RC005) drilled at Little Duke from the assay labs? In which case we know from the visual logs that there will be some half decent copper assays but the gold assays will be "new news" as gold isn't typically visible in RC chips unless its super high grade.
Other possibility is visual mineralisation intersected by the rig in new drill holes possibly in a new/different area, although the company did not say where the drill rig was going after drilling the two holes at Little Duke. Would be nice if the company told us where/if drilling is continuing at the moment and into the future.
EW
Suspect results will be from cloncurry as they havent said they are drilling at Burra yet and i think they would squeeze out another announcement showing the "massive" target to get the markets taste buds tingling....And there hasnt been any significant rain in cloncurry recently.
Last visual results didnt require a trading halt so these must be "spectacular"???? Newcrest will be on the edges of their seats lol
I hope they are more than a drip feed of a couple holes drilled under old historical workings (which apparently are all "new discoveries")
And i hope they show some along strike continuity within the 8km x 2km wide zone where so far they have reported 50-100m strike zones around old workings ... with maybe tens of metres true width mineralisation......Golden Mile 8km combined strike by 2km wide is a big call...particularly where there is very good outcrop and no really significant historical excavations from the photos ive seen.
Rock chip samples from old mullock heaps dont do it for me....Id be very dissapointed if i couldnt get high numbers from these especially as id be selecting the better looking ones... oh but yes they are random samples... some described as having oxide copper minerals i think i recall.
So lets hope there is some indication of strike continuity other than dotted lines joining the numerous small pits in the area.
xx
