Ann: Drilling at Crusader Delivers Again - 10m @ 5.49g/t Au, page-10

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23/08/21

20:32

Post #: 55510822
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Originally posted by Gainzmaster5000: ↑

those assays came in much faster than I anticipated - must've been submitted at the same time as opposed to logged and submitted separately. I was assuming the SP would waiver a bit to around 10c, I was planning on looking at entering this week after the cool off of previous Ann, however this is a spanner to that plan.

the continuity of the established high grade shoot is absolute key here for a beefy resource estimate. It is almost a pity the tenement neighbouring here is NST is if the next stages of drilling goes well they may be able to JV and or take out this project as a significant discount and shareholders would lose out.

that historic high grade hole is also interesting and I would like to see some down dip follow up drilling - I have linked the two in purple as a possible scenario, it could easily be part of a large system OR a smaller high grade shoot which is expanding at depth like we have seen in these holes.

to me this is one of the more interesting potential stories on the asx right now. long sections are genuinely telling for a project.

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Might not have to wait too long before we see some drilling around that historical hole. The drill plan is almost finalised. Hopefully we can get an updated resource estimate after another round of drilling.

I'm very impressed with the way NXM have ramped things right up after a very lacklustre start to the year.

NXM Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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Ann: Drilling at Crusader Delivers Again - 10m @ 5.49g/t Au, page-10

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Ann: Drilling at Crusader Delivers Again - 10m @ 5.49g/t Au, page-10

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