Rox has been progressively more positive about Paddy’s Lode since the first big hit 28m @ 34.8 g/t announced on 2nd March.
On the 16th May a strike length of 200m was claimed on the basis of sighting the DD cores. Clearly Rox geos saw visible gold in those cores and assays will be announced this week or next.
The 200m of strike will be confirmed imo. The Youanmi Main Lode intercepts are from 1m to 25m with a true width of 3 – 8 metres so the pending results from the offset should fall in that range, or perhaps higher as Rox is suggesting.
200m of Paddy's Lode averaging 10 – 15g/t Au should plug the shortfalls in feed for the Rox’s Scoping Study with a lower AISC due to the higher grade. Rox has also added more high grade ozs from Link.
Long bonanza intercepts at Paddy’s would be welcome.
Icing on the cake with be very high grade supergene gold and shallow gold in the oxide and transition zones.
On the 23st June at the Gold Coast Investor Presentation RR suggested that Paddy’s Lode had the potential to replicate the Youanmi Main Lode with a strike length of 900m. That would be a phenomenal discovery but the test will be in future drilling.
Then we have the Midway Lodes where more high grade gold but over longer intercepts along with more resource modelling should light up the market
The final round of results from Link are also imminent. These are building block ozs of gold that probably will not be greeted with the same enthusiasm as Paddy’s and Midway but in the longer term they are valuable feed for the upscaled production model RR is aiming at.
my opinion
Not long to wait now.
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