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Ann: $10M raising for multi-rig drilling and to extinguish debt, page-140

  1. 115 Posts.
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    As for Hole 9 let's wait for the assay results and see what they say. I'm not expecting a home run on the very first hole in the Northern Zone, but there is a saying "there is no smoke without fire" and "moderate to strong potassic alteration and porphyry style mineralisation" is exactly what we are looking for....

    "Based on preliminary and only visual evidence of this first hole to test the northern anomaly it appears TS-DH09 passed next to a causative intrusion (potential porphyry) as suggested by zones of moderate to strong potassic alteration and porphyry style mineralization, where we see high temperature hydrothermal features. Assay results will inform the location of follow up holes."
    Last edited by CuMan: 16/09/20
 
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