CMM capricorn metals ltd

0.77%

$9.17

Ann: Diggers and Dealers Presentation, page-5

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gpHiggsBoson

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13/10/20

14:44

Post #: 48058620
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Originally posted by SoWoEverLike: ↑

Everything on track in terms of production timelines. In regards to exploration there's a bit of ambiguity. The way I read it - the defined resource (Bibra) drilling is on "hiatus" till production. We are still drilling though. We are finding significant ounces just doing sterilisation as well as a crap load of soil sampling being compiled, - and Phase 1 exploration AC for 11000m
"Sterilisation Drilling
During the quarter Capricorn completed 31 RC drillholes for 4,038m. The purpose of this drilling was to sterilise the area between Southern Corridor (SC) pit and the planned location of the southern waste dump, with some holes also drilled for water exploration (Figure 2). The holes directly south along strike from SC pit included intercepts similar to those within the SC pit, showing good along strike continuity. The depth of the Bangemall Basin cover (devoid of gold) is approximately 70m in this area, which deepens towards the south. Infill drilling will be completed around the significant intercepts to enable more accurate estimation of the gold mineralisation in the area and whether any modifications are required on the planned waste dump to allow for pit extensions. Significant results received include:•12m @ 1.83g/tfrom 115m (KBRC1401)•6m @ 1.81g/t from 97m (KBRC1399)•22m @ 0.96g/t from 139m (KBRC1401)•7m @ 1.47g/t from 158m (KBRC1398)"

And here is where we are drilling now (red dots) - btw every single sterilisation hole encountered gold (appendix 2 last qtrly)

Still can't understand why people would chance their hand shorting here. AIMO
Happy days ahead - go long - stay strong

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"every single sterilisation hole encountered gold (appendix 2 last qtrly)" ....ain't she beautiful..

Gold Gold and more Gold.. The area is chock a block full in my opinion. But don't take my word for it..The proof will be in the drilling samples.
Imo dyor,

Last edited by gpHiggsBoson: 13/10/20

CMM Price at posting: $1.85 Sentiment: Buy Disclosure: Held
4 Upvote

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