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Also KJ has set aside 3/4s of this current drilling campaign to...

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Barneydebear

4,528 Posts.

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15/06/15

11:57

Post #: 15467411
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Originally posted by Aptayl ↑

Few things I would add optimistic

"RFC Ambrian valuation for Ntiola a shallow resource ready of 200,000 oz” at a average grade of 3.0 g/t Au"

That RFC Ambrian estimate was prior to a major extension of nitiola in further drilling so expect some upside on the 200,000 oz's in that area.

"The other 300,000 oz is Viper and Koting"

Viper is no where near constrained but already around that 300,000 oz mark, lot of upside in that area too, that western dip is the big interest at present.

Koting has not been drilled enough to determine orientation let alone size, no way of determining how big that may possibly be, but the good grades over large widths identifies it could possibly be the biggest of the 3 so far.

This next campaign results will be interesting to provide some further bits of the resource puzzle.

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Also KJ has set aside 3/4s of this current drilling campaign to advance the higher grade hits. Ie having located tge high grade zones hes determining now whether to consolidate the infill or step out where the next high grade area becomes known.
Also given the shallow nature it allows more delineation over a larger surface area.
Locate small pockets of high grade and infill accordingly cirĺ

BGS Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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