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Ann: Second hole at Chuscal intersects vein grading 17.1g/t gold, page-14

  1. 5,732 Posts.
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    So far, so good - from the first two holes ever drilled at Chuscal:

    - another 320m gold intersection at 0.43g/t, with high-grade overprints
    - Silver+ results from hole 2 still to come
    - 6 sub-parallel E-W trending structural corridors, each potentially with up to +500m strike
    - third hole completed - assays due late December
    - next hole (4) will target multiple horsetail structures and artisanal mined breccia mineralisation
    - 1 for 5 Bonus Loyalty Option announced (16c ex price so will be worth a bit)
    - sale of Chile assets for $1.5M announced and funds/completion to be finalised in December
    - gold mineralisation encountered in every rock unit intercepted thus far – diorites, monzonite and breccias
    - improved understanding of both vein gold and porphyry gold targets
    - received assays from only two holes which cover less than 100m strike of the 900m long Chuscal gold in soil anomaly
    - artisanal mined Guayacanes veins including 83m @ 7.3g/t Au
    - next hole (4) will cut across 3 or 4 of the structural corridors
    - hole 4 drilling is anticipated to conclude prior to the Christmas break
    - hole 4 assay results expected in mid-January

    Cheers,

    GB.






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