CMM 0.68% $5.80 capricorn metals ltd

Ann: Mt Gibson Mineral Resources Increase to 2.8 Million Ounces, page-5

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  1. 1,696 Posts.
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    https://hotcopper.com.au/data/attachments/4856/4856324-20a16ec4bcbb9c2e22ad55ab8a3beb4d.jpg
    https://hotcopper.com.au/data/attachments/4856/4856345-6aecb761537d35bff3e2620e4a901b8b.jpg
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    Mt Gibson has lovely magnetic features don't you think? What you see is entirely our tenure except a small strip down the eastern side. There's not much data on the eastern repeat sequence (The closest of the many). The gold triangles just to the right of the soil sampling in the center of the pit trend was done by Top Iron pty ltd and was RC from 6-10m only. These screens only focus on the currently active portion of our tenure - perhaps 30% of the total MGGP package. We've got the right people to make MGGP run for decades I believe. Mind boggles as to how many more million ounces are waiting for us here.
    Received after cut-off date for Resource Estimate (ie not included in MRE)
    6 metres @12.77g/t from 234 to 240m*

    10 metres @ 5.28g/t from 226 to 236m*

    27 metres @ 1.80g/t from 155 to 182m

    14 metres @ 2.92g/t from 187 to 201m

    5 metres @ 3.70g/t from 139 to 144m

    3 metres @ 5.01g/t from 126 to 129m

    13 metres @ 1.07g/t from 157 to170m

    5 metres @ 2.42g/t from 181 to 186m

    *Intercept outside current 2022 resource shell


    And if we end up at around 300m deep in Orion, we find ourselves at the beginnings of strengthening copper grades along with the gold and then high grade zinc below that. What a predicament indeed.
 
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