Look at the cross section figure 3. None of the gold results outside of the high grade intervals but within the wider intercept are ‘insignificant’ - they range from 0.08g/t (low level elevated) to 5.38g/t.
The cross section indicates the intercept is open to depth for at least 5m (assays not yet reported), then there’s a 2-5m interval of poorly mineralised material and then another 15-20m of alteration with sections of strong to intense stockwork veining. No mention of visible gold, but I’m hopeful this interval also returns some high grade assays.
And beyond that there are 2 other holes (11 and 13) in which visible gold has been logged over wide intervals (see figure 2) with assay results pending. So I’m expecting positive updates out of this for a while yet.
SMI Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
(20min delay)