MYL 0.00% 70.0¢ mallee resources limited

Ann: High Grade Copper Mineralization Defined at Bawdwin, page-10

  1. 37,911 Posts.
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    i did previously post this is a "geologist's dream" however i didn't read the report this morning because i was busy & it looked like something a geologist would submit at university. while the bonus copper resource was cool, investors want the company to drill out the deposit & report some meaningful drill results

    having a read just now, my speculation is:

    1. China Lode is probably the focus because it is both the largest deposit with the highest grades near surface (that is, above 750m RL). China Lode is probably the primary subject of the following paragraph: "An RC and diamond drilling programme is presently underway at Bawdwin. This drilling initially targets the ‘starter pit’ and will lead to an update of the Mineral Resource estimate in Q2 2018 with the aim of reclassifying a significant proportion of the resource within the initial open pit as Indicated."

    2. an earlier announcement says 5,000m RC and Diamond Drilling Program has commenced at Bawdwin, which I guess is 20 to 25 drill holes at average of 200 to 250 metres long. China Lode is say 400 metres by 200 meters and drill holes probably need to be 50 to 75 metres apart, say 65 metres, for an Indicated JORC, which is at least 3 drill holes across by 7 drill holes long equals 21 drill holes. thus my guess of 20 to 25 drill holes at average of 200 to 250 metres long might be reasonable
    Last edited by ddzx: 06/03/18
 
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