Personally, I'm not entirely sure what to expect from this drilling. While ideally, we all would probably like wide intersections of bonanza grade gold, that may be a bit much to ask from the very first drill holes. A few points to bear in mind:
- epithermal deposits can have highly variable grades over a short distance, meaning the absence of high grades in a core would not prove that they may not be nearby
- many people work in a gold mine without ever seeing visible gold. As far as I know, epithermal deposits can have both visible gold in veins and also disseminated, invisible gold. Therefore I wouldn't read anything into the fact that we haven't seen photos of shiny drill cores.
- remember Oro Verde has found plenty of high-grade rock chips outside the Topacio resource area. We know there is a mineralised epithermal gold system here. The question is is it big enough to keep Newcrest interested.
- Forums
- ASX - By Stock
- Ann: Drill Program Commences at Rebeca Vein, Topacio
Personally, I'm not entirely sure what to expect from this...
-
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IXR (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.95M |
Open | High | Low | Value | Volume |
0.8¢ | 0.8¢ | 0.7¢ | $23.49K | 2.937M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 300595 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 7952769 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 225595 | 0.008 |
48 | 17460587 | 0.007 |
24 | 15660116 | 0.006 |
45 | 15379233 | 0.005 |
14 | 10825015 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 7952769 | 18 |
0.010 | 9130057 | 15 |
0.011 | 2943190 | 5 |
0.012 | 2449999 | 4 |
0.013 | 1279493 | 5 |
Last trade - 15.42pm 27/09/2024 (20 minute delay) ? |
Featured News
IXR (ASX) Chart |