The next round of drilling and results could be very interesting and exciting for shareholders.
Rip n Tear – Next Steps
The diamond rig has completed hole MYDD0012 (assays pending) located close by MYRC0002 to
gather structural and stratigraphic information on the widest part of the mineralised zone.
A strong MLEM anomaly extension defined a further 800m east of MYRCDD0003 (our easternmost hole to date) has also been tested with diamond hole MYDD0013 (assays pending) to establish if the mineralisation defined to date continues to the east (see Figure 2)
If confirmed, this will
further extend the mineralisation to a strike length of 2.3km and provide an overall picture of the
scale of the opportunity at Rip n Tear.
Rip n Tear project so far appears to have all
the indicators of an extensive mineralised system in a sedimentary basin setting.
Currently, an auger drilling and soil geochemistry program is underway over the Eastern GAIP Target
at Durnings. The program is expected to take approximately three weeks to complete and will guide
the initial RC drilling of this large and previously undrilled target during the June Quarter (see Figure
4).
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