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16.0¢ caravel minerals limited

would love to buy these but I'm so overweight CHN its ridiculous

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blueskybaby

5,385 Posts.

634

08/10/21

12:03

Post #: 56657933
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Originally posted by salpetie: ↑

Good to see the Infill assays continue to support, and probably give better grade, to previous wider spaced drilling.

MRE scheduled for early next month. Previous results plugged in already and these ones bolted on to finalise the estimate.

Spatial views of yesterday's announcement.
Firstly with current holes only.
Starter pit(s) roughly transposed from sections provided in announcements. Probably one continuous pit rather than two.

Similar area with all previous RC and DDH's (a Data Dump - not necessarily 100% of holes but close, I hope.)
Very cluttered in the east limb and hinge areas which means a higher level of confidence for the MRE there than along the west limb.

===============
Hole 21-15D on 6573600N begins to show aspects of the folding at the SE end of the East Limb.

If grade is any indication closure may be tighter than previously expected.

If the lower 100+m intersection in 15D dips 10-30 (or more) degrees west then it may come closer to surface and potentially add some open pit resource down the track.

Only two RC holes and an early aircore program testing the area east of 21-15D...apparently.

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would love to buy these but I'm so overweight CHN its ridiculous

CVV Price at posting: 35.5¢ Sentiment: Buy Disclosure: Not Held
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