Unlike what the announcement states, this hole does NOT confirm continuous mineralisation!!
They drilled another small pod where there was high EM conductance. They know very well that had they drilled 10-15m closer to existing mineralisation, where the EM conductance was not anomalous that it would be a dud, so stating "confirms the continuity of mineralisation in the down-dip direction" is totally misleading and dishonest.
It is not continuous!!
If they want to confirm continuity, drill halfway between this pod and the main Stricklands mineralisation, where the EM conductance is not anomalous.
Frankly I'm surprised the ASX allowed this announcement as it does not give any exact location, nor an exact cross section showing this hole in relation to other named holes, just vague colours on a map of the area without the holes being identified.
This announcement is way outside all guidelines of the JORC code, which state clear identification of location of mineralisation in context.
If typing one handed wasn't so difficult, I'd be reporting this announcement to ASX/ASIC right now...
- Forums
- ASX - By Stock
- SGQ
- Ann: Expansion Drill Programme - Mt Alexander
Ann: Expansion Drill Programme - Mt Alexander, page-3
- There are more pages in this discussion • 91 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGQ (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $18.78M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $2.189K | 116.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 133300 | 1.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.1¢ | 321000 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 133300 | 0.019 |
3 | 563986 | 0.018 |
3 | 131823 | 0.017 |
8 | 724328 | 0.016 |
2 | 243195 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.021 | 271000 | 2 |
0.022 | 112239 | 1 |
0.023 | 197500 | 1 |
0.024 | 332337 | 2 |
0.025 | 807269 | 3 |
Last trade - 15.16pm 10/05/2024 (20 minute delay) ? |
|
|||||
Last
2.0¢ |
  |
Change
0.000 ( 5.26 %) |
|||
Open | High | Low | Volume | ||
2.0¢ | 2.0¢ | 2.0¢ | 50000 | ||
Last updated 12.52pm 10/05/2024 ? |
Featured News
SGQ (ASX) Chart |