Hola Amigos.
Another awesome day providing us with further confidence in this project. Hole 170 providing another 100g/m+ Au hit with holes 161 (85g/m Au) and 168 (84g/m Au) not too far behind.
Image below highlights the collar locations of today's announced assays. Note all drill azimuths are 240 degrees (South West). Hole's in red indicate 100g/m+ Au hits. I've included hole 51 (93 g/m Au) and hole 149 as these two contained announced visible gold.
If we overlay the MRE zones we get this...(Pink=Indicated resource area and Blue=Inferred resource area)
Taking the geological model below...
and overlaying that we get this...Note the confirmation of a new North-South mineralised fault on the western edge.
Finally, referring to the GAIP chart, we see the collar locations with reference to the anomalies being targeted.
Today Zeff announced at the Virtual Gold conference the following;
1. Very little impact on operations by Covid.
2. Firmly believe they have a gold mine on their hands.
3. Great location with high Met returns, excellent infrastructure, well skilled local workforce available.
4. Low AISC anticipated.
5. MRE has allowed permitting to begin ahead of significant resource expansion.
6. Clear pathway ahead.
7. Scoping/feasibility studies underway.
8. Land grab by mid tier miner to the west.
Overall, a very positive Ann for TSO. The 660koz MRE is heading north very quickly.
M8
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