I think it is instructive to look at the original drill program at Novo Astro and the current revised one.
Now it is obvious to me that they abandoned some of Jose’s holes because they liked what they were sieeing at Matteus and Grace. This would have been done at the discretion of the drill geologist because if they like what they see in the cores( massive alteration-pyrite up to 20%-all stated in current announcement) they keep drilling to assess the extent of the alteration.
This is born out when we look at the drill depths for the original program and the revised program where MOST depths are CLOSE TO AND OVER DOUBLE THE ORIGINAL!
This all bodes well for the next drill assays!
Original Drill Program:
Revised Drill Program:
I am also of the suspicion that the first hole at Matteus as is done geologically was to define the edge of the possible strike(at the edge of the pits) although I cannot confirm this but to say that the next holes they drilled were east of this hole where the concentration of Garimpeiro diggings was largest, and guess what? This was where they found the massive alteration with a much higher percentage of sulphide(up to 20%-assays pending) as opposed to 1-3% at the first hole.... which therefore supports my theory. This was also the case for the holes at Graca.
Below are Cores at Matteus and Gracas with Strong Pyrite Alteration indicative of Significant Gold Intercepts!
A new gold discovery?
The mother load?
Bring on the assays to find out!
AIMO
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