OZM ozaurum resources limited

Ann: Gold Mineralisation Extended at Cross Fault, page-230

  1. 1,781 Posts.
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    Haha and will you be waving your undies like a flag as you rampage down the Strip and Terrace? All this talk about going deeper and balls is best left with no response from me haha! I will say though, and I can't recall having mentioned it before, that there were quite a few nuggets of info from the last market release indicating what we may expect next in exploration from Cross Fault. I list the key bits as I see them. Make of them what you will. AIMHO (DYOR).
    • Latest AC drilling delineates new reverse circulation drilling (RC) targets adjacent to outcropping porphyry and confirms fault offset positions.
    • High-priority RC and AC drill targets to be tested as geological interpretation progresses.
    • Aircore drilling has also delivered promising results, particularly near outcropping porphyry where shallow cover limited penetration. These areas now represent immediate, walk-up targets for follow-up RC drilling.
    • The average AC hole depth of 28m is shallower on lines to the south and several holes ending in low tenor gold mineralisation provide targets for future RC drilling. OZM considers that the low gold tenor in these holes represents potentially gold depleted regolith profile.
    • OZM will be undertaking geological fieldwork along the Relief Shear and the nearby Golden Goose prospect, seeking to locate north-south striking faults in outcrop.

    From this I speculate that they'll next:
    • RC drill the porphyry unit; RC drill where the old MG6 & 7 are; and RC drill where the old MG4 & 5 are.
    • AC drill where the old MP-14 is; and AC drill where the old Jack's Show workings are.
    Only time will tell if my guesstimated predictions are right haha! AIMHO (DYOR).

 
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