KZR 2.25% 8.7¢ kalamazoo resources limited

Ann: Novo and Eric Sprott invest in Kalamazoo, page-136

  1. 170 Posts.
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    Yes, anything might be disappointing compared with the results for that 1.42 meters of MU19DD04. But there is possibly good news.
    From the Announcement of Dec 23, 2019: "MU19DD04 was finished prematurely on account of intersecting the key Shicer Gully Fault earlier than anticipated at a down hole depth of 351.6m."
    Here is the location of MU19DD04 from the same Announcement. Also note the position of the historical drill hole CGT023 to the SW of MU19DD04.
    https://hotcopper.com.au/data/attachments/1938/1938445-85e0b0796909b26f4fa1ef9db752addd.jpg

    Now if you look at the ASX Annoucement (CGT.AX) for Apr 22, 2008 there is this Table with the results for the hole CGT_023. Note the depth for the intersection with the Shicer Gully Fault at 337.4 to 334.0 meters and 64.40 g/t Au. The depth is not that different than for hole MU19DD04.
    https://hotcopper.com.au/data/attachments/1938/1938464-7dd1d10a4d591cf2a25672d25b436497.jpg
    Here is the cross section showing hole CGT_023. This gives me hope that where hole MU19DD04 intersects the Shicer Gully Fault there could also be high-grade gold present as in the hole CGT_023.
    https://hotcopper.com.au/data/attachments/1938/1938471-f5c1ef54f5f2bd4fd9458649256a9f40.jpg


 
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