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Ann: Maiden Australian Drill Program Successfully Completed, page-34

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28/07/22

22:19

Post #: 62793122
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Originally posted by Acharv.: ↑

Appreciate your comments and such healthy discussions are what I am grateful for in this forum. And of course e we don’t have to agree on all points.

I think what today’s announcement is saying is that #10 is the centre/source of the volcano at Mt Lamb (the middle part below but relatively barren) and #7 and 9 are the outer edges of the IOCG zone. Haven’t absolutely confirmed it yet but try to narrow down the higher grade zone somewhere in between.

JS hasn’t been sufficiently tested in my view. Proven that it’s got IOCG alteration and left it. It’s too big and could be that they think it is deeper than Lamb. The MDI side of the tenement is still under application. I suspect Native Title issues and would be generally challenging to progress it.

@allens and the Lamb rocks are the same age as gold bearing TC. The only difference I see is that TC gold is in Banded Iron Formation (BIF). Plent of Iron and folding in 7 and 9 but don’t know enough to know if that’s what we have. Call me a naive optimist but I’ve got fingers and toes crossed for Gold. They may turn crooked waiting 12 weeks…

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Thanks Acharv. If #10 is the centre/source of the volcano and #7 #9 is the out zone. It's hollow between #7 and #9 from the below picture. Where will our ore body be?

ICG Price at posting: 5.5¢ Sentiment: Hold Disclosure: Held
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