MET'S response of a potential 50 Mt deposit at regional grades is perhaps a low expectation if the entire 2+- Km long anomaly actually contains Au/Cu/Ag mineralisation should give some idea of why they are quietly excited to get a rig on the ground. Definitely no guarantee this will be the case and no drilling in the immediate area. Serrano-Poblano-Reaper with broad alteration and some Au/Cu hits are considered to be along the same structure some 15-20 kms to the SSE.
Gaip at Calibre and Magnum does have mineralisation. Doesn't automatically follow that Gaip 20-1 will be.
If you haven't seen them before here are links to two previous posts with comments on GAIP 20-1.
More general and regional on Gaip
Section on Gaip 20-1
Not certain why it wasn't drilled with the last program just completed. Permit of Works (POW) need to be submitted to the Mines Department before any ground disturbing activities occur. The process takes time - commonly a couple of months though I stand to be corrected on this time frame.
==========
[Winu geophysics?? - magnetic anomaly (cf Mag/Cal) no data on any other geophysical methods but I suspect Rio will have tried just about everything.
AEM may have been (?was) part of the discovery process if comments about drillers being hesitant to test a possible formational anomaly late in the 2017 season are true - rest is history.
The large AEM, Gaip, gravity surveys done by Rio subsequent to the discovery of Winu suggests they may have been tried and, worked at Winu.]
========
Newcrest and AZY sounded quite excited about the Grilla AEM 20-01 anomaly in the NE part of the Wilki JV. There are some anomalous gold hits in wide spaced previous drilling so keep an eye on this one.
===============
So much potential on the AZY land package finally getting a good testing. Exciting or disappointing times over the next 6 to 12 months. Hopefully some good hits but don't expect a 100% success rate.
- Forums
- ASX - By Stock
- AZY
- Ann: Calibre Drilling Delivers Significant Au-Cu Intersections
Ann: Calibre Drilling Delivers Significant Au-Cu Intersections, page-81
-
- There are more pages in this discussion • 102 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 AZY (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.3¢ |
Change
0.002(6.45%) |
Mkt cap ! $152.8M |
Open | High | Low | Value | Volume |
3.2¢ | 3.3¢ | 3.1¢ | $521.0K | 16.10M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 6162077 | 3.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.3¢ | 60000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 6162077 | 0.032 |
11 | 2921870 | 0.031 |
5 | 3251191 | 0.030 |
7 | 571587 | 0.029 |
15 | 4216907 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.033 | 60000 | 2 |
0.034 | 4440816 | 6 |
0.035 | 3374997 | 9 |
0.036 | 1739996 | 3 |
0.037 | 506163 | 4 |
Last trade - 11.34am 17/10/2024 (20 minute delay) ? |
Featured News
AZY (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online