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Ann: High-grade results expand size of Limon, page-2

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  1. 729 Posts.
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    Not the eureka results we were hoping for, particularly western target 1 (see paste below), but still plenty of promise. The headline say it all - High-grade results continue to expand size of Limon discovery

    Will require plenty more drill meters in coming up with Limon MRE and that will take time and some more patience.

    Mr market is pricing accordingly.

    Not going to shoot the lights out in SP terms and looks like it will be a close run thing as to whether that is achievable on current funding at low SP or whether we will get a SP boost before.

    They were shallow holes drilled underneath a significant gold response in Trench Tr_LM_5c of 6.2m at 10.7 g/t gold and 3.5 g/t silver. The drill
    holes did not repeat those results, and it is interpreted that a discrete gold shoot may plunge obliquely to the
    drilled section. Further and more detailed structural mapping and interpretation will be conducted in the
    vicinity of Trench Tr_LM_5c
 
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