Ann: Exploration Update - Oyut Ulaan, page-2

Had a bit of cyber trouble seeing this Ann on HC.  Here are the 'highlights'



The assays from the drilling look promising.

However, the DDH at Diorite hill was drilled to test a geological theory in an area that had been drilled in 2013.  The grades for this hole are a little higher than previously encountered but may not add significantly to a resource.  IMO this hole needs to be viewed with some caution so DYOR with some of these images to help.

One possible explanation for the lack of possible economic grades at depth may be the inferred fault.  It will be interesting to see what comes of the structural interpretation.

2013 presentation shows some of the previous work.



Hopefully step out drilling (especially under cover to the north east) will encounter similar grades and thicknesses which extend to depth.

Lots of promise here and at Kharmagtai which needs careful exploration.