From the quarterly activities report:-
Thick, high-grade mineralisation in the “Main Shoot”:
• Now intersected >450m down-plunge from the historical stopes and >600m downplunge from outcropping mineralisation at surface;
• Appears to be improving with depth (both grade and thickness); and
• Remains completely open at depth.
"" Drilling along strike to the south of the “Main Shoot” has delineated a second shoot of thick, high-grade mineralisation – the “South Shoot” (and)
"the intersection of >17 metres of predominantly massive and semi-massive sulphide
mineralisation in ANTDD202156 (assays pending) ~130m down-dip from
ANTRCDD202026 – the first hole drilled into this newly discovered shoot in late 2020;
and
• The intersection of a well-mineralised 11m-thick interval in ANTRCDD202147,
~60m up-dip from ANTDD202026 (assays pending)."
I also like "
Mineralisation in the “South Shoot”:
• Has now been defined to have a down-dip extent of ~250m;
• Remains completely open at depth; and
• Also appears to be improving with depth.
CSAMT ground geophysics surveying defined strong anomalies coincident with the “Main Shoot” and the “South
Shoot”:
• The strong CSAMT anomalism also extends into an underexplored >300m-long area immediately south of
the “South Shoot” – comprising a new very high-priority exploration target.
• One drill rig has already been redeployed to commence evaluation of this target.
Assays pending for eighteen completed drill holes.
Two diamond core rigs continuing to drill.
and from the quarterly cashflow report:-
Cash and cash equivalents at end of
period $7.996m
Estimated quarters of funding available
2.51 quarters
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