Ann: Response to ASX Price and Volume Query, page-57

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ronme

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28/03/24

16:17

Post #: 73108025
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Originally posted by oilskin: ↑

That’s ok. I understand all the disappointment. The expectation is that if gold isn’t intercepted at good grades, the hole is a duster. This is the most common response and holders react accordingly especially day/ST traders. Not telling you anything you don’t already know of course. It doesn’t hurt however to look at the drilling as one section of the jigsaw puzzle. The presence of the minerals listed in the report indicate possible gold mineralisation proximal to the intersected zone. The minerals present are often found distal to gold mineralisation at BAU (as laid out in the report). For info, this is an excerpt from a research paper abstract.
“Arsenic minerals commonly occurring in Carlin-type gold deposits include orpiment and realgar and, more rarely, native arsenic and arsenopyrite”
And if you like, look up Carlin Type Deposits. CTD.
Largest gold deposits in the world outside of SA’s Wits’.

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Ok oilskin I provided a link to Carlin Type gold deposits.

https://www.visualcapitalist.com/sp/everything-you-need-to-know-on-carlin-type-gold-deposits/

Everything You Need to Know on Carlin-Type Gold Deposits

Carlin-type gold deposits contain “invisible” or microscopic particles of gold that are deposited within a mineral called pyrite in sedimentary rocks. Needless to say, these deposits are named after the discovery of the Carlin Gold Deposit in 1961, which was the first of its kind.
Today, Carlin-type deposits make up the bulk of Nevada’s gold production. This infographic (see link above) details everything you need to know about CTGDs.

Anything else you can add about this in relation to BEZ?

BEZ Price at posting: 9.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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