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0.5¢ austin metals limited

low gold grade, it is not ok

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Weswang0812

222 Posts.

31

24/12/21

11:44

Post #: 58504550
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Originally posted by Armitage Shanks: ↑

Well, they got it out before Christmas, well done management. Reads ok imo, but I really like this bit:

The Company will now prioritise efforts at the very large Shadow prospect area given recent encouraging results and its prospective location being 2-5 kms from the high grade White Heat and Big Sky gold discoveries by Musgrave Minerals
Ltd. At Shadow:
o 4 significant gold-in-soil anomalies extending for over 3kms have been identified and are proximal to where numerous gold nuggets have been
found.
o Assays are pending for 168 shallow aircore holes that were designed to test the soil anomalies and where significant quartz veining has been
observed.
o A further 700 soil samples are awaiting assays in early 2022.
o A gravity survey is scheduled for early 2022 to assist ongoing exploration targeting since a similar survey was utilised successfully to identify goldbearing structures by Musgrave,

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low gold grade, it is not ok

AYT Price at posting: 2.3¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

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