The two new 1km-long high priority targets at Gogbala is very encouraging news. It's too early to say whether they will turn into another Tchaga on their own as the drill spacing is currently just too widely spaced. But that will become clearer over the coming 6-12 months.
But having worked in these types of Archean lode gold systems for many years myself (albeit in West Australia), it would be unusual for a system like Tchaga which is situated on a major structure to present in total isolation. Where's there's smoke there's usually fire, and I'd be reasonably confident that over time and with a lot of drilling, a significant new gold camp can be defined here. It's really a new frontier for greenfields exploration on the belt they are operating in, so anything is possible.
I wouldn't be too concerned about the market not fully understanding the story just yet, this one will be a slow cooker I feel.
- Forums
- ASX - By Stock
- MKG
- Ann: Drilling Extends Gogbala Gold Mineralised Trend to Over 7km
Ann: Drilling Extends Gogbala Gold Mineralised Trend to Over 7km, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MKG (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.001(11.1%) |
Mkt cap ! $9.866M |
Open | High | Low | Value | Volume |
0.9¢ | 1.0¢ | 0.9¢ | $4K | 430K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 717299 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 1344736 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 717299 | 0.009 |
25 | 7467661 | 0.008 |
18 | 4577322 | 0.007 |
6 | 2479950 | 0.006 |
5 | 2999990 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 1044736 | 3 |
0.011 | 438000 | 2 |
0.012 | 3394161 | 8 |
0.013 | 1660030 | 5 |
0.014 | 2991000 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
MKG (ASX) Chart |