42% Increase!! This is just the beginning.... Excellent work DDD!!
Particularly like these parts :
"One of the major added benefits of undertaking this program of resource assessment, has been that for the first
time there is now a detailed 3D model generated for these three deposits so that it is possible to better define
targets for future drilling. Historical drilling at Adelong had largely focused on drilling around the old mines
without any real targeting tool to assist in planning drill holes or interpreting the results.
While it is early days, the Company expects to apply a similar approach to some of the other deposits that have
already been drilled, including an initial resource assessment for the Gibraltar Mine deposits, Sawpit, and the
Victoria Line.
This work has clearly demonstrated some of the untapped exploration potential that the Adelong Goldfield offers,
and with additional site work there is an immediate opportunity for further and additional resource upgrades.
The Company has identified that there are other deposits that have not previously been drilled, including historic
workings for over 2km north of Sawpit, and a deposit in the northern end of the field “Paylees” that can be traced
for over 600m.
Great company in to be in early IMOGLTA
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