OAU 0.00% 0.6¢ ora gold limited

Ann: Exceptional New High Grade Gold Intercepts at Crown Prince, page-44

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    Have to be careful in evaluating gold results. The company claims 40m at 17.53 g/t Au for hole OGGAC488 which sounds spectacular in grade and length of intersection. But looking at Appendix 1 that result is from just 3 very high grade metre sections 40, 41 and 42. The average grade for all the other 1 metre sections is only about 2 g/t Au which is not high grade. That suggests a nuggety 3 metre section perhaps in pretty ordinary sections elsewhere. That's a far cry from 40m at 17.53 g/t Au.
 
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