CRS caprice resources ltd

I watched the two recent videos. Interesting.Ultimately for this...

  1. 82 Posts.
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    I watched the two recent videos. Interesting.

    Ultimately for this to break out, they will need to find another patch of high grade gold. The grades in existing finds are okay, but the scale is limited because the en echalon structures are limited to those areas where the cross cutting structures juxtapose with the banded ironstone formations. The BIFs are only 20-30 yards across, and the area of intersection at Baxter probably only 70 yards long. There's probably not much point to drilling Baxter further other than to see how deep the lodes go.

    Im not a geologist, but its interesting that the lodes from Baxters/Vadrians plunge north/west whereas New Orient veer south. https://hotcopper.com.au/data/attachments/6868/6868011-56ac7497857c3f7c54912147e104d130.jpg
    I wonder if thats due to glacial activity cutting through from the west somewhere between the two, more or less where the lake is. Obv there was a lot of mineralisation on the far side of the lake where new orient was, so it makes sense to try on the other side as well.

    He sounds confident and seems emphatic that there is high grade gold there. Worth a punt I suppose. I will hold for now.
 
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