The cynics and pessimists win!
It sounds like poor geological logging by the sound of it. Someone saw some 'paint gold' on the uncut core, misinterpreted it as granular gold ("35 specks of gold identified in this section of core" - BBX 12 October 2015 release), and didn't have the sense not to shout it from the rooftops.
The laboratory comment noting "11 gold grains, ten of 'lamellar' format" tends to confirm that there is paint gold present: micron thick flakes of gold that may look very spectacular on the surfaces of uncut core, but have no significant volume and do not assay to much at all.
Either that or they were logging bronze scrapings and smearing from the drill bit matrix as it gouged its way through all that hard silica, which would be naiive to say the least, but does happen.
I thought the crucifixion was Easter, not Christmas?
- Forums
- ASX - By Stock
- Ann: Exploration Update Juma East
The cynics and pessimists win! It sounds like poor geological...
-
- There are more pages in this discussion • 12 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 BCM (ASX) to my watchlist
|
|||||
Last
1.5¢ |
Change
-0.001(6.25%) |
Mkt cap ! $13.29M |
Open | High | Low | Value | Volume |
1.6¢ | 1.6¢ | 1.5¢ | $1.761K | 116.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 504942 | 1.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.6¢ | 83714 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 504942 | 0.015 |
1 | 76897 | 0.013 |
2 | 1049180 | 0.012 |
4 | 1000500 | 0.010 |
1 | 64382 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 83714 | 1 |
0.017 | 319581 | 3 |
0.019 | 750000 | 1 |
0.020 | 5972 | 1 |
0.021 | 129144 | 1 |
Last trade - 11.41am 11/07/2024 (20 minute delay) ? |
Featured News
BCM (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online