Hello guys,
Quick break - working on a big report.
Clings - an aircore and a diamond rig at TI.
Infose - thanks; as Reiner001 states we need a laugh. Now I chopped up mother hen she is in the pot for dinner and will just digest and forget her.
RN - labs holding up is a serious problem across the industry.
On the drill results the market has no idea what this means. I can tell you that with a fair degree of knowledge of the geology here this result is outstanding.
The system right through Coolgardie is diorite (medium to coarse-grained grey colored [intrusive] igneous rock) - it hosts the gold and is one big, very big system. This is mapped by geophysics and drilling. The diorite host rock has intruded between the ultramafic and basalt domain in the area.
This data suggests (not proven in scientific terms until infill drilling is completed) a repeat of Tindals and Cyanide.
This repeat is in the area from Dreadnaught (to south) up to Perseverance in the North and across to Lady Charlotte. Same rock type, age, chemical signature and potential size to the structure all mapped and now in discovery.
Tindals originally mined stopes 30m wide grading 8.6g/t - they took it wall to wall for about 500k oz!!!!!
Added !!!!! to emphasize in case the significance of this escapes anybody. Would love to see that go through the mill becoming the second underground mine of note adjacent to the mill!
Not a bad field - or too expensive or too difficult - does not make FML or a bad dog (LOL) and the only fleas looking a bit sick for this financial year.
Sit and hold is a bad policy in mining investment and metals trading. You will eventually make profits but you have to sell (at least partially) to keep them - sound familiar??
Deep research - the only way to understand an investment. Something I am in the process of on another company at present as well.
DYOR&DD
Regards,
CW
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