PRX 0.00% 0.2¢ prodigy gold nl

daily and weekly charts, page-16

  1. 14,306 Posts.
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    "Fieldies have finally got their eyes in to spot the better rocks to put in the bag."

    Fmx, how do you come up with that conclusion?
    Is it based on the fact that reported grades are much higher at GH over the 60m higher grade section or do you have another reason?
    Couldn't it simply be because grades are higher?

    The table of results for these very high grade samples show the samples taken are mostly 1m long. The width is up to a metre as well but less if the width of exposed vein is less.
    They are taken on predefined grid spacing.
    “For each metre of exposed quartz vein (both in natural outcrop and cleared veins) two representative samples of approximately 4 to 10kg are collected”
    The above is from the description of the sampling process from previous announcements. 4-10kg from a 1 meter sample is more material than just chipping off the shiniest bit of rock.
    This sampling program is very different from an early stage reconnaissance program of taking a few selective rock chips perhaps weighing a few hundred grams.

    There will always be a natural human tendency which might bias, but the predefined grid markings and size of samples as well as taking a duplicate sample should minimise the effects of any potential bias.
    I think it is very obvious that GH is a much higher grade deposit.
    I agree that Old Glory is not looking ore grade at this stage, but it is early stage and certainly worth follow up.
    The maps from May of this year showed Golden Hind as a vein with considerable outcrop but only a single rock chip with any significance which was 4.4g/t. Yet follow up work there has uncovered what will probably be our best grade zone to date. You can't write off anything with a 70g/t sample such as at OG without follow up work. There were multiple low grade samples but the same is true over some sections of Golden Hind. The 70g/t sample at OG is at the extreme south of the outcropping quartz. It may be the start of a very high grade section which continues just below cover. It may be another very important find.
    If it does continue under cover at high grade it will again highlight the prospectivity of the whole region for more high grade veins that may be hidden just below cover.
    It will be years before the area is properly explored even just near surface.

 
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