ADT 0.97% $4.17 adriatic metals plc

Ore Genesis thread, page-3

  1. 11,185 Posts.
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    The re-scaling I did on my previous post to scale all the diagrams to the same scale might appear to make Rucipe look small in comparison to DeGrussa.

    I've added the strike extents to both diagrams below. The strike extent of the DeGrussa deposit (Degrussa + Conductor 1....not including conductors 4 and 5) is ~360m.

    The current strike extent of Rupice is about 420m (and is not closed off yet) going by figure1 of the 17/7/2018 announcement.

    Rupice currently has a longer strike extent than the main lens at DeGrussa.

    Below the first diagram I have pasted Figure2 of the 17/7/2018 announcement, it shows the drill cross section of the drilling so far at Rupice. Currently the vertical drill extent of Rupice is about 280m.

    Below that I have a drill section from a 2009 SFR presentation given during he discovery stage of DeGrussa. You can read this presentation below if you are interested.

    https://www.asx.com.au/asxpdf/20090909/pdf/31kml0xs7dhdcs.pdf

    The vertical extent of the DeGrussa/conductor 1 lens at DeGrussa is 225m from that diagram (it may have been extended I'd need to check....possibly faulted down.....does anyone know)

    Rupice based on these sections has more strike extent and more depth extent than DeGrussa/Conductor 1 already and is not closed off.

    Interesting to also compare the intersections from conductor 1 to those from Rucipe.

    Conductor 1
    40.7m at 4.6% Cu 3.0g/t Au and 0.9% Zn

    Rucipe
    66m at 8.6% Pb , 12.8%Zn, 158g/t Ag, 2.1g/t Au, 2.3% Cu and 37%BaSO4

    The main lens at DeGrussa did have those great 50m down hole widths including high grades of chalcocite and other accessory transitional ores but on a pound for pound basis Rupice is already looking like it could have more tonnage to me and it's not closed off yet. The company needs to secure the surrounding ground but this already has more value than the share price is determining IMO DYOR.

    Also one poster on the other thread believes that the Cu grades could increase as the core of the VMS lens at Rupice is discovered. I tend to also agree as I noticed the grades of precious metals increasing as the amount of barite in the intersections has decreased and the deepest hole BR 5-18 has an increased grade of copper. If this is the case what has been drilled so far is just the outer top margin of the lens. Esh

    FP Fig7a&b Rupice_combinedv3.png



    DeGrussa section.PNG Section of Rupice.PNG
 
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