If it were a nugget it would indicate smaller localised gold. The announcement goes on to state that it’s more than likely not a nugget, as the gold ‘grades reporting over a 4m interval and the confirmatory down-dip intercept in MSRC545 suggest otherwise‘.
Rick Yeates is an experienced geologist. Watch some videos of him on YouTube; he’s very factual and clearly knows his stuff. IMO he’s reporting transparently and saying that it ‘could’ be a nugget, but then gives evidence to suggest that it’s not. Unlike some other mining execs might do he’s giving shareholders the full picture.
This kind of reporting in an announcement gives me confidence in Rick and MDI.
MDI Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
