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18/01/18
21:09
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Originally posted by Barolobill
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You can see on the above picture, almost all the drilling to date has been on the two red lines in the southern part of woodleys and woodleys east that contain the 306k oz @10.9g/t resource.
This picture is the reason I got into EGA in the first place. There is so much strike that is virtually untested below significant and numerous pre-1900 workings. What we know is that back then, they needed 20g/t + to be economical. So one can assume that all the shears already host high-grade mineralisation, we just don't know how much and to what depth.
The testing of these shears only started a month ago. There is lots of high impact DD and RC drilling planned over Feb-May. This period will be a real game-changer for EGA, with the DFS and funding happening as well.
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We need to take a leaf out of the Tolga Kumova bible of ramping and come out with a Friday afternoon trading Holt Wish our largest shareholder would ramp the shed out of EGA on twitter too. Seems to work