Yes aquadog the market has reacted to the last two drill programs, results are saying mineraliation Asx Ann -Quote Analytical results have been returned for holes KRC006, 8 and 9 (see GLA ASX Dec 3rd). All holesreturned elevated gold (> 0.1 g/t Au) over downhole intervals in excess of 40m, associated withpervasive silicification, numerous quartz veins, disseminated and vein sulphides and elevated arsenicwith the best intersection of 3m at 1.4 g/t Au occurred in hole KRC009 (at a cut-off of 0.5 g/t au). HoleKRC008 returned a best intersection of 1m at 1.3 g/t Au. The data CONFIRMS the presence of asignificant hydrothermal gold system- From where did these big intersection come from
Secondary aims were to verify grades reported from historic drilling and to obtain crucial geological (particularly structural) information to assist in the cost-effective definition of resources.
Well theirs no point in defining a resource if thats all ya got is their ? .1 g p/t. So they are making a point -So as late as Today Ann qtly 15 Feb GLA /Thunderbird have stated wish to verify grades reported from historic drilling ABU'S and to obtain crucial geological(particularly structural) information to assist in the cost-effective definition of resources.
The Company believes the results received to date continue to demonstrate what is a potentially asignificant gold system. Based on the observations of the density of veining, distribution of sulphideminerals, alteration zonation and broad zones of anomalous gold (> 0.1g /t Au) the Company believes that the Kroda system may be the surface expression of a much larger Intrusion Related Gold system.
So is that intrusion related system mentioned hydrothermal coming upwards into ABU's historical drill intercepts ? What else do we think these statements to mean or imply?
