everything and anything's possible. Once they drilled we will get the answers. I am hopeful but very much aware there could be nothing further south/east.
Looking at the maps there is a hill or elevation around 400m south/east which could be the sign of porphyric intrusion but could be a barren intrusion too.
Considering how current mineralisation trends it does lead towards that spot but that does not mean there is guarantee there will be something there.
The theory is the Cayley Load will lead direct to the source. The question is - Did SVY provide Steve with enough core data for him to make confident forecast. I am not sure they did as they did not log the veins the way Steve prefers so those veins were not measured by volume and Steve pointed that out and listed it as one point that SVY needs adopt as a method of measuring veins in the cores. If SVY decides to follow Steve's recommendations then they will have to relog all the cores but I think it will be well spent time. Will they do it?
However, I think Steve still saw enough data to make reasonable forecast. There is never a guarantee in this game.
If it was easy everyone will be making a discovery or two every year.
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Change
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
10 | 3881963 | 1.0¢ |
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Price($) | Vol. | No. |
---|---|---|
1.1¢ | 3891859 | 11 |
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No. | Vol. | Price($) |
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10 | 3881963 | 0.010 |
5 | 682488 | 0.009 |
2 | 275124 | 0.008 |
1 | 200000 | 0.007 |
1 | 300000 | 0.006 |
Price($) | Vol. | No. |
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0.011 | 3891859 | 11 |
0.012 | 554167 | 3 |
0.013 | 1115606 | 4 |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
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