AZY 4.17% 1.2¢ antipa minerals limited

Ann: Minyari Phase 1 Drilling Update No. 3-AZY.AX, page-12

  1. 6,294 Posts.
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    Agreed, the lack of detail is very disappointing and the correlations are, I suspect, based on nothing more than joining up the dots. Given the large differences between closely spaced holes it's highly unlikely that these linear mineralisation features they have interpreted actually exist, at least not in that pattern.

    The results are also nothing to get excited about. 17 holes of which only about 4 showed any decent mineralisation, and two of those appear to be redrills of historic holes (6 and 22). It's a pity as some of the results are pretty decent, good grades and shallow, but they are just not consistent enough to be exciting.

    The next batch of results will be the interesting ones as they test the extensions at depth and also the IP anomalies. I bought in a while ago for Citadel and unfortunately haven't seen anything to sell me on Minyari yet.
 
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