Ann: El Palmar Gold-Copper Porphyry Discovery, page-215

g’day Gainzmaster

you’ll see in that Proactive video, that hole 3 results are now around 5 weeks away. Then we can expect the others to follow at 4 week intervals. They report mineralisation as that’s all they know at this stage.

these results that might seem low grade to some are fantastic. I always look for 100 gram metres. That’s the be punch mark for me for a potential substantial deposit.
hole 1 was 480.85m at 0.66g AuEq, for 317gm
just part of hole 2 was 167.5m at 1.02g AuEq, for 171gm. The full result is likely to be in that 300gm range or higher.

that’s unprecedented in my book. Fist 2 holes in a new discovery are both well over the magic 100gm!
they think they’re sitting on a monster and I agree. It’s only a mater now of just how big our monster deposit is.

as each result comes out, do that calculation of the metres x the gold equivalent. I’ll bet we see plenty more 100+++ gm.

marjet cap getting up there, but by hole 8 I think we’ll see multiple bags even from here. $300-500m+ is reasonable if they have what they think they have, even at this stage. I rode prominent hill from discovery. Similar story unfolding here.

cheers,

ned.