AGC 1.96% 25.0¢ australian gold and copper ltd

Ann: Achilles Final Silver Result from hole A3RC030, page-48

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,724 Posts.
    lightbulb Created with Sketch. 106
    Chat GPT response.

    Based on the provided drill results for hole A3RC030, the findings appear quite promising, especially if the goal is to find high-grade mineralization. Here's a breakdown of the key points:1. **High-grade Intervals**: - **5 meters at 16.9g/t Au, 1,667g/t Ag, 0.4% Cu, 15.0% Pb+Zn from 112 meters**: - The gold (Au) grade of 16.9 grams per tonne (g/t) is considered very high-grade. - The silver (Ag) grade of 1,667 g/t is exceptionally high. - Copper (Cu) at 0.4% is moderate. - Lead and zinc (Pb+Zn) combined at 15.0% is very high. - **3 meters at 19g/t Ag, 0.3% Cu, 19.5% Pb+Zn from 139 meters**: - The silver grade is still noteworthy at 19 g/t. - Copper at 0.3% is slightly lower but still significant. - Lead and zinc combined at 19.5% is very high.2. **Broader Mineralized Zone**: - **43 meters zone of 2.2g/t Au, 219g/t Ag, and 3.6% Pb+Zn from 99 meters**: - This broader zone includes substantial intervals of gold and silver. - 2.2 g/t Au is a decent grade over a longer interval. - 219 g/t Ag is a good grade over 43 meters. - Lead and zinc combined at 3.6% is quite strong.3. **Maximum Grades**: - **Maximum grades of 45.0g/t gold, 3,970g/t silver, and 38.8% lead + zinc**: - These maximum values indicate that there are very high-grade pockets within the mineralized zone.### Evaluation:- **Gold**: The high-grade gold intervals (16.9 g/t and peaks at 45 g/t) are very impressive.- **Silver**: Exceptional silver grades (1,667 g/t and peaks at 3,970 g/t) suggest significant silver mineralization.- **Base Metals**: The high percentages of lead and zinc (up to 38.8%) are very attractive for polymetallic deposits.- **Continuity**: The presence of a broader 43-meter mineralized zone with consistent grades further adds to the potential value of this deposit.### Conclusion:The drill results from hole A3RC030 indicate a very high-grade polymetallic deposit with significant concentrations of gold, silver, lead, and zinc. These results would be considered excellent in the context of mineral exploration, suggesting a potentially economically viable resource. Further drilling and exploration would be needed to confirm the extent and consistency of the mineralization, but these results are very encouraging.
 
watchlist Created with Sketch. Add AGC (ASX) to my watchlist
(20min delay)
Last
25.0¢
Change
-0.005(1.96%)
Mkt cap ! $64.14M
Open High Low Value Volume
23.5¢ 25.0¢ 22.5¢ $541.1K 2.270M

Buyers (Bids)

No. Vol. Price($)
1 2450 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 43884 3
View Market Depth
Last trade - 16.10pm 06/11/2024 (20 minute delay) ?
AGC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.