PEX 0.00% 12.5¢ peel mining limited

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  1. 2,623 Posts.
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    Depth is not a problem for PEX. The high grade is still open UP dip to the south, where it may get to within 100m of surface. 6m @ 3.05% and 16m @ 0.77% at 200-160 metres depth is not deep. PEX needs to do a better job at promotion IMHO. Figure 1, they haven't bothered to adjust the 'mineralized zone' shape for the new drill hole intersection - it should be a fair bit wider. Also figure 1, note the 1m @ 2.7% in hole 4MRC026. This could be the top of a whole NEW second eastern lens (compares better to the 1m @ 1.81% top of current mineralized zone) however no other holes are drilled deep enough to test!!! At least PEX management could point it out as a second mineralized zone, adds to the 'potential' upside. Very early days here.
 
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