CYL 5.88% $1.76 catalyst metals limited

Potential, page-69

  1. 6,770 Posts.
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    I'm surprised that theres not more excitement over the ACT 378 drill intercept on the latest Tandarra announcement.

    "The mineralisation is highlighted by a wide zone of quartz-hosted gold mineralisation in air-core hole, ACT378 which terminated, at refusal, in massive impenetrable quartz grading 10.2g/t Au".

    The least metre of the hole graded 10.2 g/t but above it were;

    Key intersections recorded in the Lawry Zone are as follows:

    • 31.0 metres @ 1.24g/t Au (including 5.0 metres @ 2.40g/t Au and 1 metre @ 10.15g/t Au) from 56 metres in ACT378

      They couldn't penetrate the quartz with the AC drilling but I'd bet Bruce has a DD on that now.
      Broad gold endowment increasing with depth and ending in a gold mineralised massive quartz band; it doesn't get much better for a gold explorer than that.

      Tandarra and Four Eagles IMO are two of the worlds great gold exploration properties.

      I really hope we can retain control of it but I suspect as soon as the interested parties for the 4 Vic Govt exploration leases are known the whole Vic Gold land game will go up several gears.

 
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