Hey Hatey,
These results below are due next Friday. What do you think they'll show - gold?
Maybe get your estimate gear around that?
By the way, I can't find your last calculation for the number of ounces at Ternera?. Was it really 15M? Can you please re-post?
Geophysical Induced Polarisation Survey
The Company engaged a geophysical contractor to carry out an IP survey at El Zorro (ASX
Announcement 3 July 2020) and field work commenced on 5 July 2020. The fieldwork component
of the survey has been completed and data is currently being processed. The survey consisted of a
detailed GAIP and DDIP surveys. 24 lines of GAIP surveying have been completed, each line being approximately 1km long and spaced 50m apart. Three lines of DDIP have been completed at a 200m spacing, as presented in Figure 3.
It is expected that final processed data and modelling will be complete by mid-August 2020.
Figure 3 – El Zorro Gold Project aerial photo showing location of GAIP and DDIP geophysical
surveys over Ternera and Drone Hill prospects. GAIP line = Grey, DDIP lines = dashed Yellow.
Ternera drill collars shown in yellow, Ternera mineralised faults shown as red dashed lines.
PSAD56/19S datum.
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Ann: El Zorro exploration update, page-106
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