IHAD8 'grazed' the margin of the gravity feature . This hole contained copper in excess of 1% cu upto 2.8%. Remember this hole only grazed the edge of the gravity feature, so what does this mean??
Well generally with the gravity feature you will find higher grades in the middle of the gravity feature, so the next hole that is being drilled, hole WJEDH001 is being drilled in the core of the anomaly. So why can this one produce big time? Well generally you get significantly better results when you drill into the core or the guts so to speak, so, if IHAD8 drilled results of 1 to 2.8% cu, u can only imagine the potential for WJEDH001 which is being drilled in the middle of the gravity feature!!
AXT Price at posting:
9.3¢ Sentiment: LT Buy Disclosure: Held