Ann: June Quarter Production, page-122

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Squidfingerz

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17/07/20

11:16

Post #: 45931762
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Originally posted by Exised: ↑

You might want to email your queries to AMI. No harm in asking. Any answer on my part on this one will be purely speculation. So I suggest you get it from the horses mouth instead.

I will offer a cautionary tale from personal experience, on my property there are a few ore bodies visible on the surface. Been fossicking and panning gold downstream these when we were kids with some nice results. Long story short I bit the bullet and finally got it drilled (part funded by NSW New Frontiers Cooperative Drilling) and the rest forked out by yours truly... no gold heaps of AG and base minerals.

What you see on the photo above is a Breccia zone where most of the minerals are. The red-brown mineral is sphalerite (zinc sulphide), dark green chlorite and basalt fragments within the sphalerite. The white mineral is quartz and this is where the 0.1 g/t Au came from.

My point is even if you believe that is where the gold is, sometimes it is just not there... that is why I prefer to invest on these low grade long mine life ore bodies instead like Cowal, Cadia etc... these have less variability in interpreting the data too.

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nice photo.
hopefully you haven't stopped looking.
No need to email the propaganda department - we'll know as much within a few weeks.
sorry, but I cannot imagine a more glib opportunity to avoid accountability than enabling the status quo.

AMI Price at posting: 54.5¢ Sentiment: Hold Disclosure: Held
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