OAU 0.00% 0.5¢ ora gold limited

Ann: Crown Prince Delivers Further Outstanding High Grades, page-81

  1. 33,242 Posts.
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    If they want it to be an analogue of great Fingal , maybe they should have done this drill program differently , and stepped out some RC drill collars that they can later diamond tail for greater depth in following the ore body down , instead of drilling a number of holes in similar locations that had no results , May 22 (holes 69 72 79 76 ) , they were probably trying to find the Eastern and Western limits of the mineralisation which is understandable but why keep banging dry holes in the same Eastern and western extremities of the mineralisation all be it at different elevations instead of following the centre ore body down ?
    its possible they had good results just not reported , as with hole 61 it shows as having a great result in figure 4 but is not even listed in the Appendix 1 it is very sloppy reporting IMHO .

    The alternative approach is to just delineate a shallower resource say to 140 meters that is open pit mineable , this is possibly a better approach as it sterilises areas that can be used for tailing storage , over burden , etc , is cheaper to drill out a resource and reduces CAPEX on any decline needed at a later date to get to the ore bodies that run en echelon to the north and south of any pit , (premade deep box cut) plus once a pit is mined out the base is 140 meters deeper to drill from saving drilling costs later .

    Maybe they need an experienced geo to go through their reports before submitting , and possibly employ the geo full time with the company to be with the drill rig crew on site to analyse samples before drilling another dry hole next to a current dry hole however Meeketharra is a dog of a place though to stay at , only one pub from memory .
    Last edited by plough: 18/06/23
 
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