AZY 6.45% 3.3¢ antipa minerals limited

2021 what will it bring?, page-103

  1. 2,535 Posts.
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    Certainly, the biggest OUTCROPPING deposits are found first, but some the biggest deposits are undoubtedly still lying undiscovered beneath the cover.

    And how do you find these?

    Well, it is a numbers game. You have to kiss a lot of frogs to find a princess - do an enormous amount of sophisticated geophysics, over very large areas of deep cover, generate a very large number of drilling targets, and then drill a very large number of holes to test these.

    And this is exactly what Antipa have embarked upon. A massive regional frog-kissing program. They and their three big friends are doing millions of dollars worth of geophysics, across thousands of square kilometres of covered terrain, generating many hundreds of drilling targets, and ranking them in order of prospectivity, then drilling them to see if there is gold there.

    And that is how you find big new gold deposits that aren't outcropping. With lots and lots of drilling, at lots of intelligently-selected likely locations.

    And when they hit one, they will know it. And so will the share market. And it could happen at any moment.
    Last edited by Onceover: 01/04/21
 
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