re: Ann: Encouraging Drill Results from Treng... fmx_rider...
Yes, I mentioned this in a previous post, where I suggested...
"They are looking for narrow, high-grade shoots suitable for underground mining...yet id today's results are anything to go by, they may well end up with an open pittable, dare I say porphyry style discovery here?"
As for drillign down dip, the Company states it does not know the true width at this point...and judging by the terrain, simply whacking in a scissor is not that easy.
The "boulder field" they are targeting is some 2km square...some of these "boulders" (typically breccia), are the size of a house, and all carry a fairly consistent grade of Au and Ag.
ARX obvious feel they are sourced from the current drill locations where they have found quartz veins, tension veins and breccia outcrops....and they may be right...but these veins may also represent the eroded epithermal zone of a porphyry, in this case perhaps structurally influenced?
I guess the point being...the area they are targeting is huge, it is also difficult to get at...so it may well take 40 or more holes before they jag a king hit, or a sweet spot that drives the eventual economics of this prospect.
They are in elephant country...and these boulders may well represent elephant droppings.
Need a few more than 2 holes to tell us what we have though.
Cheers!
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