EW101, on page 4 there was a short statement: "A series of RC holes; 18CB064 to 67 tested magnetic anomalies CB3 and CB5 (Figure 2) to the northeast of Copper Blow with no significant mineralisation encountered". I think they were pretty disappointed about those findings (hence they put these result at the end of the report). Normally at the end of their announcements, SCI then tell readers: where to from here, or something upbeat like that. But that type of statement was missing. Perhaps the quarterly will give us news of focus of future work. There is probably plenty of discussion gojng on as to the meaning of the drilling and the type of deposit.
On a brighter note, if you look at Fig 2 on 2nd May 2018, the IP anomalies for both CB3 and CB4 are pretty weak, and that image is consistent with those poor drill results in the area. In comparison, the IP anomalies for the North and South Zones are very much stronger. So the map of IP anomalies may be a good guide for exploration by SCI, perhaps more instructive than the magnetics at this point. Which takes us to the next round of drilling. On page 1 of the most recent annoucement it states: "At Copper Blow there has been no drilling to test mineralisation below about 250 metres. The Company concludes there is scope for significant copper-gold mineralisation to extend at depth beneath the North Zone and has commenced planning for a follow-up diamond drilling program". I'm hoping that they will drill into the large IP anomaly (A and B) to the east of the sheer zone. Good luck amegos.
- Forums
- ASX - By Stock
- AYT
- Ann: Copper-Gold intersections at Copper Blow
Ann: Copper-Gold intersections at Copper Blow, page-16
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AYT (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
-0.001(11.1%) |
Mkt cap ! $5.296M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $5.333K | 1.333M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 7339662 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3408935 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 7139662 | 0.004 |
9 | 8865582 | 0.003 |
6 | 15150000 | 0.002 |
3 | 4300000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3408935 | 6 |
0.006 | 7212344 | 9 |
0.007 | 4076587 | 3 |
0.008 | 895125 | 3 |
0.010 | 200000 | 1 |
Last trade - 11.13am 06/09/2024 (20 minute delay) ? |
Featured News
AYT (ASX) Chart |