Why the diamond drill is important is not only because it can drill deep and so enlarge the ore volume but at deeper levels, one could find some very good grades:
Announcement: 14 July: „h A high grade gold intersection is reported from the V2 prospect area with 11m @ 27.6 g/t gold, 188 g/t silver and 2.01% copper in hole HC06RC53 from 121m depth. This is within a zone of 46m @ 9.11 g/t gold, 68g/t silver and 1.08% copper from 86 m depth. This hole stopped in mineralisation of 38.8 g/t gold, 223 g/t silver and 4.29% copper after running out of drill rods at 132m depth".
Comment: A good indication of what to expect at deeper levels.
Gerry Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held