There is no better gold deposit discovery than the BGS discovery in southern Mali in the recent times. Many Australian and overseas gold producing and exploration companies are envy of BGS discovery at the moment.
Not to mention, first phase of discovery is over and, the next phase of consolidation has already begun. As stated in my previous post, auger drilling is important to ascertain continuity of small and thin qtz veins and to find whether or not these veins carries gold.
In auger drilling, method of collecting samples is very important to ensure samples are fully representative of the drilled space. My understanding is that the presence of Kevin, director is just to do that and to ensure consistency in sample collection method.
SP may go a lot higher if auger drilling assay results are above expectations because quartz veins that were formed via hydrothermal solutions during metamorphism in the past may result in concentration of gold in qtz veins with depth.
Therefore, don’t be too exited. Wait for the next flow of information.
Add to My Watchlist
What is My Watchlist?