Favourable geology that is commonly associated with Archaean greenstone hosted gold mineralisation was intersected in the vast majority of holes. This includes significant amounts of quartz veining and alteration. Importantly, the favourable geology was intersected in the three consecutive lines that were completed along a 2km strike.
They found what they were looking for, assays will confirm the grade. Question of how good, rather than if...
Original plan was 3000m in these 4 targets (out of 11) - they have drilled 22 holes for 2000m and now plan another 1500m, bit more than originally anticipated, then. Sounds like they are on to something.
2c now, can easily become 4c in next few weeks in lead up to results. Then there’s the next round of more targeted drilling.
Favourable geology that is commonly associated with Archaean...
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