That would be nice…..but Pogo has 3-6m layered veins at 8-20 up to 50 g/ton, or thereabouts, so not even visible gold. (which is 160g/ton from memory).
The real advantage this time is the depth of the potential find being 100-200m or so rather than over 400m last year at aurora etc. And we have gold finds to the east as well as west(pogo) as a second find is on the books by a third company.
It looks very like the geology carries on thru, gradually getting deeper as it goes west( which was the problem drilling last year, any gold was likely to be deeper than pogo). And they have had time to sift thru all the info from flying their machines over the area and they can compare it to where they drilled last year. Hopefully there are benefits in doing this.
Drilling to start in June….which starts in a week. Fingers crossed(again). Much more upside this time if a hit is found, even more than the first time and certainly the last time, so…….I am expecting a bit more sp action than occurred with sunrise drilling. There are more shares on issue though, so the same hype would see us at 7c while drilling approx.
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