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.
- Forums
- ASX - By Stock
- LCL
- Ann: Second hole at Chuscal intersects vein grading 17.1g/t gold
Ann: Second hole at Chuscal intersects vein grading 17.1g/t gold, page-14
-
-
- There are more pages in this discussion • 113 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LCL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.683M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $740 | 82.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 430647 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1351000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 430647 | 0.009 |
4 | 971971 | 0.008 |
10 | 9494131 | 0.007 |
10 | 7313333 | 0.006 |
8 | 2841080 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1351000 | 2 |
0.011 | 881818 | 3 |
0.012 | 946346 | 4 |
0.013 | 240102 | 2 |
0.014 | 2525255 | 3 |
Last trade - 13.46pm 10/09/2024 (20 minute delay) ? |
Featured News
LCL (ASX) Chart |