If we can come up with another Groundrush will be great !
G'day Back cat-That's the one were after, some considerations/ indication
appears in our M.D.'s statements -Quote Managing Director Matt Briggs has
stated the following;
“A high quality Resource estimate gives ABM confidence in the continued
growth at Suplejack towards the company’s target for the project to be
a stand alone operation.
Resources are quoted above a 0.8g/t Au cut-off and above the 230mRL
(160-180m vertically below surface) to limit the inventory reported & to align
with the future prospects of eventual economic open pit extraction.
Gold mineralisation at Suplejack has geological similarities to theNorth.
nearby Groundrush Gold Deposit, the mineralisation is principally hosted
in structurally controlled quartz-carbonate-sulphide veins in shear zones hosted
within dolerites and occasionally intruded by granitic dykes.
Seuss is open in all directions, historic RAB hole drilled 600 metres to the
north of the Seuss Resource intersected 3 metres at 0.55g/t gold from 24 metres.
This is now interpreted to be the along strike continuation of the Seuss
structure, providing encouragement that the structure continues to the
Future drilling will confirm if this is Seuss or a structure analogous
to Hyperion-Tethys.
Central Tanami operations were was pulling 5,000 OZ per vertical mt from
there Groundrush Deposit.
Given Supeljack is only 19km's to the north-north East of Groundrush & has
geological similarities to the nearby Groundrush Gold Deposit there is strong
indications that we could well be on the cusp of discovering a substantial
deposit, the exact size, grade, volume & if mineralisation is continuous is yet
to be determined, & we can see why ABU's primary focus is on the newly
discovered Seuss fault-(end of last seasons exploration).
Should it be proven to be analogous to Hyperion-Tethys, & indeed continue
600 mts to the north & given its also open in all directions & appears it could
well be a separate system to Hyperion- Tethy's, then it could become a significate
deposit similar to NST/TAM's Groundrush Deposit.
Is it also a coincidence that ABU has just contracted Neil Jones as exploration
manager right on the cusp of commencing ABU's 2017 exploration season ?
NADA !-especially given he has vast experience in early stage gold
exploration and complements the Company’s management team.
There are many, indications shown above that ABU could well be on
the cusp of a big exploration season, as investors its why we are here,
do we also think its coincidence the way the astute have been acquiring
under the radar-NADA !
glth-imo
salt
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