As you are most likely aware , one needs to look at true width not just the reported width , and also the strike length , plus the structure.
I am no geo but some of the drill intercepts here are parallel to the ore body so giving are far wider than true width being perpendicular to the lode .
The strike I can see is only around 60 meters each on two separate structures the original crown prince and also the new South Zone , but as pointed out the strike could become longer .
The structure is very complex due to having been formed after what looks like a relatively flat ore body was deformed upwards(like a syncline/anticline ) and then at a future time jogged sideways cutting it in half .
Still to me it looks to have great potential as due to how shellow it is and being on a mining lease it can be monetised without a lot of capex or time span , and the share price is undervalued but the signs are not as great that it goes as deep as some other ore bodies in the area ie Great Fingal .
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As you are most likely aware , one needs to look at true width...
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Mkt cap ! $57.14M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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13 | 26288326 | 0.007 |
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18 | 17668058 | 0.005 |
7 | 6930198 | 0.004 |
Price($) | Vol. | No. |
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0.010 | 15110616 | 15 |
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