Some semi geo technical stuff from a non geo. Based on the pegmatite projection in the image below (ie thin red line) from the latest announcement, AZS are confirming that AAAP0011 and AP0010 join.
There are 2 holes I am eagerly waiting for assays from being holes 224 and 225 for these reasons (see image below): A. There are collared at the edge of the AP0011/AP0010 pegmatite projection which joins AP0010 (see thin red line in image below and the black circle I have inserted)) which is collared much closer to AP0011/AP0010 than holes 208 and 215 which had 100m+ high grade mineralisation at depth for AP0011 (plus some good intercepts for AP0012). These two holes have a 50 degrees dip which is less than the 71 and 55 degrees of holes 208 and 215.
These 2 holes will probably give us a good indication of AP0011/AP0010 much closer to surface than holes 208 and 215 which showed excellent mineralisation at depth. This will inform us if the strong mineralisation we see at depth in AP0011 continues much closer to surface and if it does that will be great.
B. The area where holes 224 and 225 have been drilled shows the AP0011 pegmatite projection is up to about 50% wider than for holes 208 and 215. If the additional dimensions are a good indicator of the thickness at depth of AP0011 then we may find we will see holes 224 and 225 with mineralised thickness of circa 150m+ (high grade hopefully).
C. We may see some indications of how mineralised AP0009 is from these 2 holes and also thickness at depth. AP0009 starts at the bottom of the image (see yellow circle in image below that I inserted) and from the thin red pegmatite projection line seems in some parts very wide like AP0011 in the same area.
Perhaps @WowVeryJosh can confirm if my thinking is sound or off the mark.
We should know from mid-July for the assays if the 3-week turnaround holds.
AZS Price at posting:
$1.13 Sentiment: Hold Disclosure: Held
