in general semi massive sulfides will have lower grades than massive sulfides due to the concentration/density of the minerals per certain area. Intercepting semi-massive sulfides is not bad sign at all. Especially with the first deep hole. Yes, they did no find what they were looking for but found plenty from understanding the rock composition, orientation, mineralisation at these depths.
Generally where there are semi-massive sulfides there is very good chance massive sulfides will also be present. DHEM should detect massives if they are nearby. ALso, many semi-massive sulfides contain minable grades so best to wait on assays. No one really knows if there is any gold content or silver or nickel or even PGMs. Not sure if AGC will assays for all those metals though. Overall I am happy with what they have found with this hole and few here know I am not easy to please..
btw.. I bought few more at 11.5c. Few.
AGC Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
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