NMG new murchison gold limited

Passmore, page-9

  1. 3,508 Posts.
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    The statement in relation to the other completed diamond drillhole tails at the time of the visible gold announcement was that they intersected the same mineralised mafic rocks "albeit with less visible gold". In my experience any visible gold in core results in bonanza grade. Turns out there was no visible gold or bonanza grades in the other three completed holes. The cross section depicting two other holes with visible gold comprised one hole drilled years earlier and another that wasn't drilled at the time of the announcement (we are still awaiting the assays from this hole). I will give the company the benefit of the doubt and assume it was sloppy communication rather than misleading. Sloppy and non existent communication is a trait of Passmore.
 
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1.8¢
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