Overall solid trenching results that continue to add into the strength of Limon as an emerging resource.
LM-05c duplicate continues the string of strong results for Western Target 1. Not surprised that LM20 and LM22 struck out (as these were designed to test the bounds of the Western Target 1 resource). We shall see how LM25 & 26 assay results stack up as they are quite close to the LM5 trenching hot spots. Plus, they have a LM-05c-Extension awaiting assay as well. All up, Western 1 is shaping into a 200m x 150m "hotspot".
I was disappointed that LM17 in Western Target 2 also struck out and LM18 was weaker than I was anticipating - I thought these would have delivered something more given their location and past trench results in that area. Let's see what LM27, 28 & 29 deliver when those results are to hand. If those are solid, Western 2 looks like a roughly 100m x 100m concentration bounded by LM's 29, 27, 28 & 16.
Overall, quite solid and continues to indicate the possibility for Limon to prove up to a decent circa 1.2g/t resource that can be accessed by a series of open pits (subject to the drill results - I can see opportunity for resource structure that may one day start with a couple of Western Target pits and a Central Shoot pit).
Bring on June, the commencement of drilling and the hope that those new drill holes are as strong as the original holes in Central (between 170m and 270m with grades between 1.0g/t & 2.8g/t).
- Forums
- ASX - By Stock
- Ann: Limon - Visible gold in trenches
Overall solid trenching results that continue to add into the...
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add STM (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $38.38M |
Open | High | Low | Value | Volume |
1.0¢ | 1.1¢ | 1.0¢ | $25.76K | 2.503M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 440472 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 2107221 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 257588 | 0.010 |
18 | 7726855 | 0.009 |
10 | 3488800 | 0.008 |
7 | 3770856 | 0.007 |
3 | 1950000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 2107221 | 9 |
0.012 | 7769309 | 10 |
0.013 | 4844579 | 9 |
0.014 | 3284334 | 6 |
0.015 | 2385946 | 4 |
Last trade - 15.49pm 18/06/2024 (20 minute delay) ? |
|
|||||
Last
1.1¢ |
  |
Change
0.000 ( 10.0 %) |
|||
Open | High | Low | Volume | ||
1.1¢ | 1.1¢ | 1.0¢ | 1561238 | ||
Last updated 12.34pm 18/06/2024 ? |
Featured News
STM (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online