PTN 1.59% 6.4¢ patronus resources limited

Ann: High-Grade Potential Continues to Grow at Cardinia, page-7

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  1. 4,085 Posts.
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    Yes, I'm afraid mealy-mouthed announcements are practically a requirement of the ASX these days.

    Still, our Eastern Corridor continues delivering the goods, some further decent intersections there. Join the dots and:

    This rapidly emerging quartz-sulphide vein-style mineralisation remains open in all directions both along strike and down-dip, with the potential for the current 1km strike length to extend up to 2km with all the hallmarks of being a large mineralised system.

    KIN already has 1.4Moz locked into its MRE, as we all know - soon to be revised upwards:

    Once all results from the drilling program are received, the Company will be in a position to update the MRE at the Eastern Corridor.

    With plainly plenty more to come:

    "Our exploration strategy targeting the emerging high-grade potential along the Eastern Corridor is rapidly gaining momentum."

    "We are looking forward to refining our forward-program of drilling for 2023 and re-commencing exploration to target these high-grade sulphide lodes over a considerable strike extent. If we are successful in confirming the continuity of mineralisation over the entire strike extent of these high-grade structures, this will create an important new avenue to rapidly add to our resource inventory at Cardinia..."
    (MD, Andrew Munckton)


    More results pending...and with Aussie Gold now toying with $3,000/oz you might even wonder if our present optimised pit outlines may bear upward revision.


 
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