Ann: Completion of maiden Antena-Xupe Diamond Drilling Campaign, page-13

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soup41

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24/08/18

12:19

Post #: 35155601
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Originally posted by Brummie52 ↑

Excellent results achieved from the recently completed maiden drilling campaign at Antena – Xupé
prospect confirms 300m down plunge extension to the historic Xupé mine and 200m down-plunge
extension to Antena View mine, with good thickness and grade.
• Highlights from the 2,068 metre campaign including:
o ANT_004 (Xupé: 21.7m @ 4.49g/t Au (from 144m) inc 10.2m @ 7.74g/t Au (from 155.5m)
o ANT_005 (Antena View): 0.77m @ 5.61g/t Au (from 67.75m)
o ANT_007 (Xupé: 4.2m @ 5.66g/t Au (from 172.5m) inc 1m @ 8.75g/t Au (from 173m)
o ANT_008 (Xupé: 0.5m @ 6.48g/t Au (from 160m) and 0.5m @ 9.78g/t Au (from 184.5m)
o ANT_010 (Xupé: 8m @ 4.02g/t Au (from 119.5m) inc 0.88m @ 8.1g/t Au (from 121.5m)
o ANT_011 (Xupé: 3m @ 4.24g/t Au (from 140m) inc 1.15m @ 6.42g/t Au (140.5m)
o ANT_012 (Xupé: 5m @ 3.93 g/t Au (from 97m) inc 0.5m @ 13.15g/t Au (from 97m)
• The results compliment historically reported unmined holes by Troy Resources including:
o GVC317 (Xupé: 6m @ 29.3g/t Au (from 21m) inc 1m @ 164.33g/t Au (from 24m)
o GVC403 (Xupé: 9m @ 7.61g/t Au (from 62m)
o GVC332 (Xupé: 4m @ 3.45g/t Au (from 45m)
• ANT_013 (Xupé results pending. Drilling confirms potential for significant mineralisation. Detailed
resource modelling of the extension to the Xupé orebody currently underway.
• A Phase 2 A$300,000 campaign at Antena West will commence for near surface targets in October 2018.

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GVC317 - 6m @ 29gpt - I can certainly see the potential, but that's a Troy hole (wonder why they didn't mine it?) and to wow the market today they needed a standout result.
Also the depth, nothing shallow. Troy may having picked all the low hanging fruit here.

OGX Price at posting: 4.6¢ Sentiment: Buy Disclosure: Held
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Ann: Completion of maiden Antena-Xupe Diamond Drilling Campaign, page-13

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