DRM 0.00% 33.0¢ demetallica limited

Ann: Mining at Andy Well Underground to be Suspended 1 Nov 2017, page-45

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  1. 8,331 Posts.
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    There shouldn't been too many issues with dilution - host rock is unaltered basalt, and the orebody is near vertical. Very stable ground conditions. The West and Central lodes look to be a decent thickness - should be able to achieve stope widths down to 1.5m. There is some other narrower lodes out to the HW that didn't hang together too well - these may warrant smaller equipment but needed a lot more drilling first. The future looks to be north of the fault with that recently discovered offset.

    Looking north the stratigraphy is very poorly drilled, the regolith has been stripped out so there is some minimal cover then straight into near fresh basalt. All historical RAB drilling was ineffective - no supergene to pick up, unless youre drilling on a vein you wouldn't pick anything up. Interestingly, that was how Deflector was discovered by SOG back in 90s - a lucky strike. So the only real exploration tool is the more expensive RC drilling to punch angled holes into the basalt and test the structures.

    MYG did some SAM surveying to try and map the Deflector structure - they had success with that method identifying the structure, but focussed on the south extensions which didnt yield any economic grade. The north remained untested - so this is the obvious target zone remaining.
 
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