RNX 11.1% 1.0¢ renegade exploration limited

Ann: Ernest Henry style IOCG zone discovered at Mongoose Deeps, page-56

  1. 4,976 Posts.
    lightbulb Created with Sketch. 3967

    But how wide? You supposedly work at Ernest Henry so you tell us.

    Just a "technical success" - as others have pointed out, the visual logs indicate that this hole hit nothing economic at those sort of depths, and although the alteration is at least encouraging, its also not very uncommon in the Cloncurry area, as indicated by similar-looking rocks and alteration announced by CNB and HMX recently. This mineralization does not look as good as some of the previous hits underneath the Great Australia Pit by TNC and some of the other shallower holes by RNX. If anything the only thing I am excited about is the increased veining and brecciation at 1342m but they took the drill hole all the way past 1600m and nothing exciting seen in the last 200-250m so its pretty deep and quite skinny.

    Another question is where is the down-hole EM? Seems silly to spend so much $$ on a deep hole and not have a go at down-hole geophysics.
    Last edited by eastwest101: 02/07/24
 
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