First of all a solid release with a lot of geological detail and many cross sections discussing the geology, this A-A' composite section has very wide clipping and is actually along the plane of the shear, drilling in many different directions a sure sign of geologists attempting to understand the geometry and the extent of veining.
Possibly starting to look like some very rare high-grade visible gold veins in one orientation and a swarm of other common lower-grade veins in another different orientation all within a shear zone. They have the right idea to be drilling diamond core holes, and spend the time poring over the details of all the veins, measuring their orientation and thinking about this complex but potentially large mineralised system.
Could be something like a wild guess of 10Mt at say 1.3g/T Au if assumed polygon dimensions of 75m x 200m and 260m down plunge/dip. Obviously very early stages and lots more details to come out with more drilling.
Systematic exploration in a very non-visual host rock with lots of sampling, looks like the alteration mineralogy might need to be figured out as well. If it would ever stop raining in NE NSW and SE QLD, they might get another go at drilling eventually. Still, they have no shortage of geological data to pore over, so might be a blessing in disguise to do some thinking about future drilling at Enmore.
KNB Price at posting:
6.1¢ Sentiment: Hold Disclosure: Held
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