ENR encounter resources limited

Ann: Drill Results Substantiate Major Copper-Gold System at Lamil, page-7

  1. 5,482 Posts.
    lightbulb Created with Sketch. 4531
    Yep - regarding hole 241 "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"

    Lots of sulphur in the system is pretty encouraging to me, even if its mostly pyrrhotite in this case. The only downer is that the rig has finished up at Lamil for the moment so just more assays to come back from the (backlogged) labs. Lots of other ground and activity elsewhere though, happy to keep holding ENR as the share price has basically gone nowhere for a long time so suspect this might get things going.
 
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26.0¢
Change
-0.015(5.45%)
Mkt cap ! $129.6M
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