AUN 0.00% 3.8¢ aurumin limited

Ann: 224.0m @ 1.5g/t Au AT TWO MILE HILL FROM SECOND HOLE ASSAYED, page-3

  1. 4,286 Posts.
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    Morning all.
    @samthebatman
    I do like this project so don't get me wrong.
    This is another case of Smearing and economics.
    Firstly they have drilled down plunge.
    Next we take 224m x 1.5 g/t and we get 336 grams across the whole drill hole.
    If we then subtract the highlight intersections of -
    49.6 x 2 = 99.2 g/t
    20.2 x 2.6 = 55.52 g/t
    12 x 3.7 = 44.4 g/t
    9 x 2.2 = 19.8 g/t
    The sum of the length 90.8m and the total grams is 215.6
    We then take 218.92 from 336 and that leaves us with 117.08 from a total metres drilled of 90.8
    The remaining hole length is 133.2 and the balance of the gold is 117.08.
    That means the grams/ m in the rest of the hole is 0.88g/t and it is down plunge and starts at 269 m down hole.
    They need to build it more from that but this could be the start.


    https://hotcopper.com.au/data/attachments/4583/4583413-eac7fc042afe12db13fd46cdb8930c60.jpg
    Kind regards, Wack.
 
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