AWJ auric mining limited

Ann: $4.46 Million from First Gold from Jeffreys Find in 2024, page-29

  1. 4,652 Posts.
    lightbulb Created with Sketch. 7226
    Morning all.
    @twinpeaks
    Nice post mate.
    I just wanted to bring a couple of holes to everyones attention.
    During exploration it is always exciting to see decent HG intersection and more so, as shallow as these.

    If we look again at that pic in your post- I have circled 1 hole result in the Blue circle, but there are 3 noted in the floor of the existing pit which gives us some potential there to increase the depth, IF we were to find more.
    Going by the hits inside the Red circle, It would be indicative of where the starter pit could be.
    I do wonder how drilling is going and if they have found better in other starter pit alternatives.

    https://hotcopper.com.au/data/attachments/6216/6216260-6f23896a734fa00d1138f8bd71f0c185.jpg

    Again looking at the hole inside that Blue circle, I wanted to draw attention to that in particular.
    One of the more exciting things to come across in exploration, (well for me anyway) is good intersections that end in mineralisation.
    So let's have a look at two holes in particular.
    Now I haven't been through all of these but I have underlined 2.
    116 which shows a depth of 15m and 136 which also ends at 15m.
    We need to look at just how close they are given the positions eg: Northing and easting.
    https://hotcopper.com.au/data/attachments/6216/6216261-2ee3a386c21e7d7428784f4f707b4e37.jpg

    If we now look at the pic below, we get the intersections- second last column and the grade in the last column.
    Both of those holes ended in mineralisation.
    They are both beneath the floor of the existing pit.



    https://hotcopper.com.au/data/attachments/6216/6216263-90984310bfa143ca553ea6ba96a616ae.jpg

    It cold get even more interesting to see if there is extensions to these holes as we progress with Munda mining.

    Money gong in the bank as we progress.
    I wonder how much we will have by years end, $20m?
    Getting close to our mc.

    Kind regards, Wack

 
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