PUA 0.00% 0.2¢ peak minerals limited

announcement, page-12

  1. 2,527 Posts.
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    Plough - the 1000m is only a 'perhaps'. I believe their most recent drilling program has tested about 400m but it looks like there is older and historical drill hole data covering up to 1000m (see june qtrly diagram) but not to the depths of the current program.

    I think the mineralisation is similar to hill end so the dip extent for the vein sets is likely to be of the order of 50m or so range (see extract from august announcement below).

    I don't think the market is recognising or factoring in what is going on at BNH at all - the results are spectacular in all respects imo.



    This is a comment from the 18th August BNH announcement:

    The current drilling program indicates that the BNH deposit may have significant depth extent
    and strike continuity, perhaps over 1,000 metres along strike and to a depth of at least 400
    metres. The bedded quartz veins containing gold mineralisation, on both limbs of the
    anticline, are similar to the Hawkins Hill – Reward vein sets and may have a down dip extent
    of 50 metres or more.



 
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