ERM 1.89% 5.4¢ emmerson resources limited

Ann: High Grade Gold Intersected at Edna Beryl,EVN-ERM.AX, page-10

  1. 4,995 Posts.
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    Agree about pretty complex geology with inclined southwest plunging narrow and high grade ore shoots but if the Fig.2 & Fig.3 (inclined) long-sections are on Azi 079 looking NNW and the recent drilling is drilling an Azi of around 349 almost due north with hole dips of -65 to -67 then I think that's reasonably perpendicular to the overall trend of the mineralization. Is your concern the hole azimuths of the hole dips?

    Agree that they will need to find at least a few more of those high grade ore shoots to make it worthwhile but at those sort of grades they are worth chasing from an exploration point of view, especially as they are all within open pittable depths if they decide to do that way. Probably very complex ore geometries but I see potential for at least 2-3 high grade ore shoots/pods there in that long section given the paucity of the drill coverage. As you said - small targets but stonking grades when you are in them.
    Last edited by eastwest101: 19/05/16
 
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