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Ann: Significant Intrusion Hosted Gold Discovery 5m @ 8.55gt Gold, page-104

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  1. 4,347 Posts.
    lightbulb Created with Sketch. 6570
    Morning all.
    Thanks for the tag @HeliosUK
    Looks like you have a good story or 2 here.
    If they have the goods at the Strelley project, it is still early days and there is a lot of work to do.
    So far it is narrow and not comparable to intrusions like Hemi at this stage.
    Let's see how it grows.

    https://hotcopper.com.au/data/attachments/3559/3559826-f1afc98396ce342d57903e73a06c920f.jpg

    The project that excites me more is their Copper discovery in Q.
    This is openUp and down dip with hole NLRC032 pending, ( watch out for that result ).
    They are suggesting there could be more below the Footwall.
    That 60m intersection would be more like 40m true width but I expect they will orientate drilling to confirm that from now on.
    Correct orientation will also give them an idea of what is below that declared Footwall zone.


    https://hotcopper.com.au/data/attachments/3559/3559827-4ed4629a1159674b20dd06082b3f0dea.jpg
    These are good grades to have from surface which is amenable to open pit.
    It is also open to depth and still not deep yet as that dip flattens.



    https://hotcopper.com.au/data/attachments/3559/3559831-4702c706ce58dbc37d18ee8f5ee992ce.jpg

    I hold some Hammer Metals which not far to the North of this with their Trafalgar discovery.
    I will continue to be a holder there and this discovery will be keenly watched for that reason.
    I would have bought in for the copper story alone but for a lack of funds at atm.
    Can't cover every story and there are lots of good stories currently.

    I hope that helps and I don't want to sound negative on the gold story as it is early days and they may have the right geology.
    Kind regards, Wack.
 
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