AZY (ASX) Ann: Minyari Drilling Identifies Resource Growth Opportunities

Originally posted by salpetie: ↑

Reconciling (partial) with Sentinel interp for phase 1 holes and showing some more Phase 2 possible activity.

More sites interpreted as drilled (white circles) than reported today. Locations generally acceptable apart from misinterpreted of what was drilled. Perhaps still some collars to come or other reasons for sites prepared but not apparently drilled yet.

At ~-60 dip these trays project vertically at 115 and 130m down hole as shown by star. Actual dip may not be vertical so the red star is just schematic and continuity is also subject to ongoing drilling.

Latest time lapse imagery with most of Phase 2 work in field of view even if not necessarily readily visible.

Basic interp to Nov 6.

Sites 1-5 probably visited by drill rig(s)
Site 1 could be a down dip test of the Minyari Keel - 1Km +- hole if it is.
Site 2 - diamond tail of previous hole??
Sites 3-5 Follow up of sulphides and breccias in Min N early holes and 518.

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This is a complex announcement covering a complex area.

21MYRC340 was drilled to 432m and a diamond tail was added in 2022. Results overlap 2021 in this 2022 announcement.

17.0m at 11.2 g/t gold, 0.62% copper and 3.1 g/t silver from 419.0-436m down hole in 21MYCD0340(2022 diamond tail)
15.5m at 2.4 g/t gold and 0.15% copper from 455.6m down hole in 21MYCD0340 (2022 diamond tail),including 1.0m at 25.3 g/t gold, 1.32% copper and 4.6 g/t silver from 455.6m
Minyari Keel Zone Target: 4.0m at 6.0 g/t gold, 0.65% copper and 2.0 g/t silver from 534.5m down hole in 21MYCD0340(2022 diamond tail), including 0.84m at 18.7 g/t gold, 2.32% copper and 6.2 g/t silver from 534.5m (fairly typical narrow high grade zone bulking out halo mineralisation)This hole 340 is drilled at 147 azimuth [approx right angles to the majority of holes] and is sub parallel to the axis of the plunging keel. A good test which may be followed up by even deeper tests.

Narrow intercepts at the end of holes may never be economic unless larger zones are close enough to warrant mining. This is a large and complex system which has taken some 40 years to begin to crack the code. Not easy with AZY gradually putting a good picture together.

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Pervasive cloud cover for sentinel passes from 11th to end of November.

Clear on first Dec.

Summary interp to 1/12/22

Magenta sites reported in last post. White sites are holes reported drilled with assays for some.
Three 'definite' sites drilled probably on the same azimuth as hole 340 but will actually be shallower intercepts = infill. Not certain about the more easterly hole which could miss if drilled south.
The fourth green dot may be a cultural artifact near the camp. Or another test on Sundown/Chicane

There is other apparent activity but mostly picked up before. Some holes could have been revisited and had diamond tails added though that is almost impossible to tell. Activity in the SE which is shown in more detail below.

Picked up the end of lines and then fudged the probable sites between those limits.
These sites are not as clear as RC drilling at Minyari and Waca so may be aircore drilled on lines a nominal 100m apart with hole spacing ~100m.
Obviously testing soil geochem anomalies but selectively and going east of 1 and north of 2 for some reason.
Some extra holes drilled either side of Line 6. Something seen that warranted follow up?

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Took a quick look around the rest of the tenement on Sentinel but didn't spot any more activity. Very cursory so may have missed something there and in the complex zone that is Minyari main.