Credo Well Conceptual target sizes for Credo Well and Credo Well North, 400 meters northwest. My guesstimate on Credo Well is 200 meters of strike, 6 meters in width and 75 meters in depth is 225,000 tonnes (starting at a depth of 25 meters). Earlier drilling has multiple hits in the 10 to 50 g/t gold values. The target remains open in both directions of strike and at depth. So tonnage could grow significantly from my conceptual guesstimate.
Four drill holes will test a 50 meter section of a very high grade historic gold target within the center and widest part of the system (width at +10 meters).
Credo Well North is 100 meters of strike, 3 meters width and 75 meters in depth, from near surface. My guesstimate is 56,250 tonnes with multiple high grade gold hits. Potential to extend back to Credo Well, so conceptual tonnage could triple.
Three holes will test values within the system.
Will look at remaining targets tomorrow. To-day's release confirms the presence of numerous new gold targets within the TNG claim blocks. Soaked up a decent position over the last week. Market capitalization at under .007 cent / $2.2M with gold at A$2,500 is a sceaming buy. Grab as many as you can. Good luck to all longs.
TNR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
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