SVY 0.00% 2.9¢ stavely minerals limited

Ann: New 124m Intercept of Porphyry M Veins, page-17

  1. 1,370 Posts.
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    You are very kind slammer.

    I'm happy with the result but disappointed they wasted time chasing the south. All indicators pointed north. Its encouraging that their expectations of a transition to bornite dominance is appearing further validated by the visible transition from quartz to quartz-magnetite, magnetite-pyrite and magnetite-chalcopyrite in the M veins.

    All the M veins intersected look to be hosted in the distal parts of the inner propylitic alteration or to have been significantly retrogressed. All the vectors are saying north and deeper so its good to see we are running right.

    The laminated M vein in hole 17 looked a lot juicier that these so it may be that we are on top of it but need to go deeper. I look forward to further drillholes and take comfort in CC's convictions, two rigs and foretelling statements regarding visual confirmation of discovery.

    GLTA

    CC
 
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