High grade gold confirmed at Castor !
Assays pending for the 1,316m of GHD009
Looks like they sent off 10m of core that contained visible gold to be assayed first:-
10m @ 17.7g/t, including
2m @ 28.4g/t &
2m @ 59.4g/t
Also noticed they mention chalcopyrite in the announcement which is common in sulfide veins and major indicator of copper ! This could get very interesting.
Castor is around 40 times the size of Hobbs. They drilled this from the top of Hobbs Pipe 1, several hundred meters away and still managed to intersect the pipe at depth and find a high grade zone ! Have to be extremely lucky to hit the 'juiciest' part of the deposit on the first hole and from such a distance.
Today's results back up the anecdotal evidence the old timers mentioned that Castor was previously shallow mined up on the hill at several ozs/t gold.
GHD010 commencing to determine whether Hobbs Middle East also contains gold.
Couldn't have asked for better results !
Can't wait till they get the rig up on top of Castor and can start doing some 1,000m holes through this thing.
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