Australia's largest stock trading and investment forum Australia's #1 stock forum

KWR

Click for more information

0.00%

2.9¢ kingwest resources limited

thanks justreading, good backgroundthis could be very big...

First 32 Last

Share
Profile

Follow
Vitrix

104 Posts.

23

07/10/21

21:03

Post #: 56645007
Share

Originally posted by justreading: ↑

Hi mraki082,

The RC drill rig will drill through the mud as well as the bedrock.
The reason it would not have been used was due to the cost being more expensive and the fact the aircore drilling was designed to find the gold...It now has. Job done!!

The issue they had with the hammer re-entering the air core holes would likely have been because the clays in the hole can close in and block the holes just making it more difficult to work with.
Air core and hammer just don't have the air pressure required to drill through fresh rock especially if it's quartz reef as suggested and where the gold is sourcing from.

The RC and DD will have no problem getting down into the juicy part of the lithology and that is where the gold appears to be originating from.

Was very surprised in the sell off on the announcement as it just proved line 5 was no fluke and you only have to look at the north south strike distance and the amount of faulting within it to get excited.

I've had 2 excellent geos have a look at this and it could well be as Ed states, the early days of a multi million ounce discovery.

Cheers.

Expand

thanks justreading, good background
this could be very big indeed
those geos, are they good looking roosters?

KWR Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

3DA

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

US election outcomes: Key economic and market takeaways

First 32 Last

Add KWR (ASX) to my watchlist