If it were a blind sampling program then yes doesn't mean much,...

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06/02/24

07:57

Post #: 72253427
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Originally posted by chicodechico: ↑

I've read the announcement that refers to 'gold in soil' anomalies. Sounds interesting, says I to me. So went looking for what those gold-in-soil anomalies were. Couldn't find it in the announcement.

Then there is a reference to Figure 1. Figure 1 is shown below. It contains a legend where an anomaly is defined as 2 ppb (parts per billion). As distinct to 1ppb. What?!? That's not a soil anomaly - that's NOTHING. No gold. In fact, 2 ppb is typically not statistically different to 1 ppb ... it is a number so low, it could be rounded as 0. Measure it 3 times, and you will get 0, 1 or 2. Or even 5. I don't know what these people are smoking, but I don't see any justification nor evidence of a gold in soil anomaly in this announcement.

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If it were a blind sampling program then yes doesn't mean much, however the significance of the announcement is:
1. There is an anomomly that aligns to structural targets for potential gold bearing host rocks in a procen gold district.
2. The drilling update all but confirming they've hit the same stuff as CMM that declared a discovery just 500m north. This is the biggest price catalyst for the announcement and will keep her running through to a more detailed drilling update and/or first assays. A BPM discovery announcement is a matter of weeks away.

BPM Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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