KAU 3.23% 15.0¢ kaiser reef limited

Ann: Decline Milestone Exposes New Mining Zones, page-2

  1. 4,565 Posts.
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    I'm really struggling to understand this mine. While the drill intersections always look tantalizing the diagrams in the announcements are awful. Even worse KAU provide no indication whether the "Phase 2" holes are drilled along the lodes or across. In the fine print up the back you find this vague commentary about "Orientation of data in relation to geological structure" for the previous "Phase 1" drilling (wherever that is) ....
    • Phase 1 Drilling has mainly focused on underground short to medium term targets which will inform future decline design which includes structural and lithological delineation.
    • Other holes within Phase 1 were exploration focused in the under-drilled southern portion of the A1 Dyke Bulge. There is considerable variability of narrow vein orientations within the dyke bulge and the Phase 1 drilling will inform future optimal drilling orientations.
    • Due to the relatively perpendicular intersection angle on a high percentage of the larger mineralized structures, the majority of the drill angles are not expected to produce any sampling bias. Given there are a number of narrow reefs intersected at various angles, there is a chance of some bias, which have been identified and will be modelled accordingly.
    • A1UDH-403 has drilled sub parallel along a known mineralized narrow vein correlated down dip of a known structure. Whilst this hole is not true thickness it has defined grade continuity of a mineralized structure accessible to mining operations
    And further along when discussing the "Relationship between mineralisation widths and intercept lengths" you get this
    • The geometry of the mineralisation is explained in the Notes below Table 1 within the text.
    However Table 1 has lots of empty lines!!
    Very sloppy effort IMO.
 
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