PRX 0.00% 0.2¢ prodigy gold nl

Ann: Exploration Update Suplejack Drilling Results, page-9

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  1. 5,076 Posts.
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    Actually the Seuss results are pretty good because it validates the theory that gold will be hanging around the intersection of where the Seuss Breccia meets the Hyperion-Tethys trend of mineralization, long story short a potential for an "arm wavy" 250,000 tonne tabular Seuss zone averaging around 5g/T so thats approx 40,000 Oz of gold there thats mostly at open-pittable depth, note how the gold grades improve with depth. Will require more drilling to understand but now that they have got a handle on the ore zone orientations it increses the chance that future drilling will be better oriented to add more tonnes.

    The Hyperion South is deeper but proves the theory of multiple gold ore zones at Hyperion South, adds more potential tonnes but at a greater depth.

    So more potential for additional tonnes so of course the share price goes down.
 
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