But.... if SGQ is going to attract the attention it deserves then management had better tone down the hype. If an amateur like myself can see the results are being "smeared" in the announcements then you can be certain that the professional eye can see it too. The top 7m's is waste rock, it doesn't contain any economically recoverable mineralisation... the announcement should read 3.9m's of high grade. That is the correct way to present it.
That said.... it is definitely a discovery hole. What I find encouraging is there are 2 separated layers of massive sulphides which shows there have been (likely) multiple intrusion events. That puts paid to any notion it is an isolated pod of mineralisation.... it gets us on the way to tracing things back to the source. A few more deep intercepts might reveal the correct direction to go looking for that source....
SGQ Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held
