Abos, Thanks for your insights into mineralisation at Investigators, makes for interesting reading as we come up to the start of perhaps the most interesting week or two in SGQ’s reporting of its exploration activities.
i’m with you Abos as SGQ appears to be on track for big things.
I can’t talk about geology but the XRF readings in holes MAD126 and MAD127 immediately brought to my mind the sensational early assays turned up by Jubilee Mines JBM at its Cosmos project 20 years ago. The timing of JBM’s discovery at Cosmos and its subsequent development couldn’t have been better with the company ultimately getting taken out around the time during the commodities supercycle when nickel hit more than US$50,000/tonne.
the XRF readings for MAD126 were 5.25 meters at 8.8% nickel and 4.5% copper. The XRF readings for MAD127 were 6.4 meters at 8.05% nickel and 5.06% copper.
a trading halt for the MAD126 announcement was on Oct. 25 with the formal announcement Oct. 29.
i would expect an announcement re assays for this hole and MAD127 this week or next. I don’t know how XRF readings and actual assays ultimately compare but i’m assuming they’re in the same ball park
the ore grades appear totally commercial.
confirmation of the XRF readings should at the very least prove share price supportive for SGQ, which would be further umderscored if step out hole MAD128 is also in the same ball park.
it looks like ‘bingo’ to me, said an upramping punter.
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