Ann: El Zorro drilling continues to expand Ternera, page-23

Hi Kruiser.

I guess some people get a bit defensive or defensive sounding when actually it’s exasperation instead.

We’ve had a few people on here questioning grades and depths etc but it’s plainly obvious they are referring to epithermal types of gold systems. In other words, they are questioning the results without realising that they are commenting on the wrong type of gold system.

You’re a big poster so I’m sure you have heard of Intrusive Related Gold (IRG) systems? IRG’s? If not I suggest you you go away and have a read. No disrespect intended but you’ve got to understand that the results TSO are reporting are the ‘significant’ zones of mineralisation and that these zones are heavily imbedded within a low grade ‘halo’ of mineralised Au. In other words, you’re collecting gold from surface to depth.

This will inevitably lead to an open pit mine scenario, low strip ratio and a relatively low AISC due to many reasons mentioned here and from other posters over the past few months.


I hope this helps.

M8