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calmbeforestorm

5,127 Posts.

2098

14/09/23

10:37

Post #: 69854127
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Originally posted by Nihilius: ↑

if TA1 and TA2 really are the same system geologically as others have (Donnie?) have expressed they could be, the implication of depth of TA1 shown in your sat images, bodes very well for potential depth at TA 2 and the overall exploration target.

With the Exploration target highlighting that they only used a depth of 300m for the wireframe and depth assumptions of the target areas.

Even though theyd drilled to a depth of 450m at the start of August, and it very much looks like they've gone much deeper since.

Then all the comments from Tony and all the images of TA1 getting thicker at depth.

The implication that I'm inferring is that the exploration target for TA1 is very very conservative, and if TA2 is part of the same system it too could go very deep and the 300m depth assumption could also be conservative, and the exploration target could get blown out of the water.

or be accurate, I dunno what I'm doing.

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yep the TA1 ET is conservative. With the thickening of AP11 at depth (already at 134.6m TW) adding more mineralisation lower than 300m will add substantial amounts to the resource estimate. I really can’t see a maiden MRE below 100m for TA1. The real question is how much higher than 100mt will it be - any guesses or estimates? And repeating much the same at TA2 and maybe TA3 then maybe see a potential maiden MRE at around 300mt give or take 50mt either way. It would be extraordinary if that was to happen!

AZS Price at posting: $2.82 Sentiment: Hold Disclosure: Held
13 Upvote

0 Great analysis

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