SMC strategic minerals corporation nl

opening price gold stock, page-5

  1. 2,832 Posts.
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    I agree, this is going to be a very interesting December.
    Noticed the proposed drill program is probably going to be very shallow.
    Think we have 1000M over 16 holes, average only 62.6M per hole. When I looked back at what they drilled previously at Big Vein, the lower grade intercepts where very shallow
    4M and 11M. Crikey, you could wellbarrow out the stuff at 4M!!!
    The high grade intercept in the eastern structure was much deeper 40M and interestingly again at 51M.
    I am really wondering what is going on at depth. e.g are there more vein structures at depth, do the east and west structures merge, does the grade increase consistently etc.
    Would really like to see them drill those magnetic anomolies listed on the maps and maybe put down a couple of deep holes trending east-west (maybe down to 400M)
    although that would need to be diamond hole rather than RC.
 
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