That was a nice result. Broad zones like that with consistent economical grades for a large Gold Copper porphry is all we need. Especially nice to see that bleached section near 2g/t. If you look at the geophysics maps you can see that there are potentially 10's of millions of tons of near surface material with similiar signitures.
They are targeting the shoulders of the conductivity anomalies so far. This is potentially where the gold envolope should be, and so far they have proven that to be the case. Its way too early to discount epithermal mineralisation. The Komsen drilling from 3 years ago proved that high grade gold is there to be found. Its going to take a fair bit of time considering the nunber of targets they have.
The pleasing part so far is that they seem to have potentially economic grades near the surface. This means that if an open pit is to be constructed, they will have ore from the start. Makes for better cost effectiveness therefore grades can be low for the deposit to be economical.
Drilling shorter holes than capacity happens everywhere. It may be due to ground conditions, ie rods getting stuck but it' also very likely that they are starting to understand the structures. alterations and mineralisation better and are pulling early because they have already drilled through the areas of interest. The drills are working hard with that last part of drilling and its sometimes best to quit before something breaks if the geology on the core at depth doesn't show anything new.
The better copper mineralisation may be deeper and it makes sense they are waiting for the bigger drills to target this.It's very interesting that some big boys are already intersted in a site visit.
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