A significant geological find imo...
"Crystalline Dendritic-Wire Gold diagnostic of Bonanza Grade Gold discovered at Crown Ridge approximately 50 metres north from Pit 200. Extraordinarily rich Bonanza gold grades result from sudden pressure release when fluid mixing and rock fracturing causes flash boiling of gold-bearing fluids and rapid dumping of gold and growth of dendritic-fractal and wire gold".
With "potential for concealed porphyry system".
No doubt that the region is host to some very significant deposits either......
Plenty of work left to be done but serious possibilities have been unleashed.
From the half yr rep it seems they own 70% rights to EL1968 (host to Crown Ridge) and the other EL referred to in the ann (EL2306) is pending......?? (Please correct me if wrong but only skimmed it tbh).
Plenty of cash at bank so no worries in funding future work either.....if they can zero the source of these latest finds it'll be game on......they seem confident that the source is close.....
"The delicate gold structures discovered at Crown Ridge have not been transported far and are very close to the in ground source".
Ann: Bonanza Grade Type Gold Nuggets Discovered at Crown Ridge, page-19
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