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Ann: Drilling results demonstrate wide gold zones at El Zorro, page-314

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Corgi

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28/10/20

13:04

Post #: 48453716
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Originally posted by 123david321: ↑

Drill results need to be interpreted in context. All of these holes are placed in specific locations for various purposes. Some are infill holes to satisfy JORC standards in terms of spacing which ultimately increases confidence in the resource size. Some are to test geological structures and identify how far mineralisation extends not necessarily down-hole(what is reported) but across the extent of that structure. We need to measure out the boundary of what we know to determine where mineralisation stops and with that there will be holes where significant portions of the length won't intercept gold. It's all part of developing the project to figure out what we have.

What's already clear and has been communicated by Zeff is that we have a significant resource and i'm of the opinion that this is only the beginning. 18 holes drilled(will be approx. 5,000m) so far, 6 sitting at the lab and 3.5 already reported in just over a month!

On to the results:
Mineralised areas of holes shown (ZDDH00029 on top in order). Note that the last hole is only partial results as of now. I'm expecting more intercepts further down-hole.

Looking west:

Looking North:

With IP: Note hole 31 approaches close/below the IP anomaly zone.

Holes 42 & 44(to the right) were placed on the plane of the middle DDIP survey to test the anomalies. If these holes return mineralisation this will be significant for two reasons. It will confirm that high DDIP chargability correlates to high-grade zones of gold mineralisation. It will also provide a significant increase to the 'tested' size of the resource given that the holes are located 200m away from previous holes. Very much looking forward to what these two holes return!

Expand

Looks like 42 was positioned alittle off and Drill 54 positioned to intercept the anomaly.

You mentioned previously that you were not sure if the intercept of Drill 42 is a continuation of CC500, Pretty sure it is.

Our best and thickest intercepts are all within the lime green to orange/red zones.

I firmly believe Drill 44 is positioned to test the continuity of the DDIP Anomaly.

TSO Price at posting: 35.0¢ Sentiment: Buy Disclosure: Held
12 Upvote

5 Great analysis

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Ann: Drilling results demonstrate wide gold zones at El Zorro, page-314

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

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Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

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Ann: Drilling results demonstrate wide gold zones at El Zorro, page-314

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Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

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Is oil undervalued?

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

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