PRX 0.00% 0.2¢ prodigy gold nl

re: Ann: Broadcast - ABM identifies new high ... Chuck...

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  1. 363 Posts.
    re: Ann: Broadcast - ABM identifies new high ... Chuck agreed,
    Very interesting comments by DH on the similarities between old pirate and Buccaneer. I think this system is a lot deeper than 100 metres.
    Page 3 figure 2 of the Scoping study show’s pit designs with large high grade zones not included in the area of indicated resource and outside the pit design model. These area’s would appear to be at twice the depth of the pit diagram, hard to be certain because there is no scale.
    Page 2 of the study, under pit optimisation states that the pit design was only included to a maximum depth of 100 meters.
    So can we look forward to adding another 50-100 meters of high grade zones to the current indicated resource in the near future ?
    Then on top of this we have further drilling under way plus result already reported but yet to be included.
    http://www.asx.com.au/asxpdf/20120515/pdf/42688mgfcvz8g1.pdf
    Page 5 on the following link shows that veins have been defined from previous drilling, to a depth of 200 meters.
    http://www.asx.com.au/asxpdf/20111129/pdf/422wztrsq9j6x2.pdf
    Previous results located in Appendix 1 of the link below show multiple significant intercepts at OP at a depth of 326 meters including:
    OPRC100006 showing 1 meter @ 32.9 Au (gt) from 325-326 meters .
    OPRC100006 show 5 meters @ 1.83 Au (gt) from 317-322 meters.
    http://www.asx.com.au/asxpdf/20101115/pdf/31twh799p4pprk.pdf
    After Darren’s comments I am getting excited about the possibilities of another buccaneer sized deposit under OP. Does anyone know if these types of gold systems ( folding anticline structures) can come from a feeder system, like a Volcanic Massive Sulphide deposit? I remember an announcement a while back that stated that one of the deep holes at buccaneer ended in possible copper mineralisation.
    Yep, I have no doubt this is going to be big !
 
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