There seems to be some interesting chatter on Aussie stock...

There seems to be some interesting chatter on Aussie stock regarding just how good the last announcement is...




You really should drill into the results a little more to get a true understanding of what they have proven here.

Just down the page they go on:



Quote:
"Best results were intersected at Lady Penrhyn with grades above 1.0 g/t Au in two areas 2.5 kilometres apart. In the first area diamond hole SGD005 intersected 3.9 g/t Au over a 0.5m interval from 155.5m downhole within a 2.1 metre zone (at 1.2 g/t Au) of chlorite-silica altered mafic gneiss with disseminated pyrite and traces of chalcopyrite mineralization. Earlier aircore drilling had intersected up to 1.1 g/t Au in shallow clay weathered saprolite 0.5 kilometres north of SGD005."


3.9 t/n over 0.5m from 155m depth, is quite frankly, pitiful.



Quote:
"The second area located 2.5 kilometres to the south-west returned one metre with original and field duplicate gold grades ranging between 1.0 g/t to 5.4 g/t from 92 metres in RC hole SGR006, also hosted in a mafic gneiss, with supporting anomalous gold in saprolite in earlier aircore drilling."


Again, poor really.

And why not mention the width of these great results like in the previous paragraph?

Well, if you look at the results table below. These are the lab results for hole SGR006.

See, 5.4 g/t over ? What? There's no 5.4g/t at all. LOL

What they are actually saying is 5.4 g/t is a 'field duplicate',and it's over a massive 1m.

I mean, really.

They're going to have to come up with some much much wider and higher grade results than that to ever get any where near finding an economic deposit.