Interesting to see the market taking note of today's update.
5.4m shares trading as I write (biggest volume since May).
This update isn't easy for the average punter to understand but clearly there's smart money out there who gets it & are buying.I've underlined the parts I find interesting.
Drill Results Substantiate Major Copper / Gold System at Lamil
Diamond tails at the Dune prospect extend the sub-vertical stockwork corridor with initial assays: 1.5m @ 19.1% Cu from 409.1m sitting directly above 3.9m @ 1.6g/t Au from 410.6m (ETG0226).
ETG0243 drilled 200m along strike from ETG0226, has intersected Telfer analogous host units that have been intensely altered and contain quartz carbonate veining with copper sulphides.
ETG0241, the first hole drilled into a previously untested 1km long magnetic anomaly, has intersected a wide, pyrrhotite dominant, quartz-sulphide breccia with associated disseminated and blebby copper sulphides. Given the association of pyrrhotite with copper-gold mineralisation in recent discoveries in the region, it will be interesting to see the level of gold in this hole.
Assays from the remainder of ETG0226 and ETG0227 are pending with results expected in Oct/ Nov-21
(20min delay)