Just had a proper look at last batch of drillhole results. My take away:
- Grade wise maybe overall average grade in area D went down a but average 3 g/t in very shallow deposit. SOLID result.
-Tonnage increased 3 folds since last years drilling in Area D alone. Overall Resource is close around 0.5 MOZ. Again very SHALLOW resource.
- Further exlloration potential AREA D - DSR 180, DSR181 and DSDD018 will confirm tonnage, DSR 182, 184, 187 will be key for NE extension which will show potential to grow in area D. Every 50 m advance into NE potentially adds close to 100KOZ.
- Area A - we churn out clear understanding controls through aggressive drilling could make it to anothet 0.5 MOZ. and of course other targets could deliver something interesting.
Quiet good turn around for lab assays. Interesting times ahead. Need to check other interesting areas along this NE-SW fault zone.
CHZ Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
