IVR investigator resources ltd

Oh this is building beautifully to a resource of 60m+ from the...

  1. 1,507 Posts.
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    Oh this is building beautifully to a resource of 60m+ from the current 42m.
    Just keep re-reading this today.
    GLTAH

    “Line 5.75 represents the first complete line of holes reported from the 2020 infill drill program and
    reinforces continuity of mineralisation to the south of the “200m Zone” that was drilled in 2016 and
    contributed to the robust resource estimate increase at that time.
    “Results from Lines 8.75 and 9.5, where the majority of information from these holes is complete,
    continue to build on previously reported results to the north of the “200m Zone”, further supporting
    the program objectives of improving confidence in the grade and continuity of the silver
    mineralisation at Paris.
    “The infill drilling completed in the “200m Zone” between Lines 6 and 8 in 2016 led to a 37% increase
    in the estimated Inferred Resource grade from 119g/t silver to an Indicated Resource grade of
    163g/t silver, clearly demonstrating that as the confidence level of the resource increases, so too
    does the grade.
    “Line 8.75 hoststhe previously reported hole PPRC5012 with an intersection of 14m @ 715g/t silver
    from 63m and to see silver grades that are markedly above the grade of the 2017 Resource (139g/t
    silver) is really encouraging.
    “Slower turnaround at laboratories from increased industry demand, along with the extra time
    needed for preparation of wet samples at site, has frustrated our efforts of more regular reporting,
    however with over 8,000 samples still to be returned from the laboratory, out of a program total
    of more than 22,000, we now anticipate all remaining results for the infill program to be
    progressively delivered and finalised by April.
    “Importantly, we are yet to receive results from the drilling completed north of Line 10 and south
    of Line 0 which have the potential to extend the Indicated Resource beyond its current footprint”.

 
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