As flagged a long time ago, watch the leach potential of the intrusion hosted ore systems at Batie. These alone have the potential to be a company maker, let alone just get the present FS give attractive returns.
We are now seeing a string of intrusion hosted gold mineralised systems emerge over the last few years in wider Burkina. Gryphon have one at Nogbele, which carries most of the ounces, and certainly some of the better grades. RoxGold have 850,000 ounces at 14 gpt Au form one vein in a granitoid. So there is not only gold in the intrusions, but high grade in some of them. Days are young, so to speak.
Last count Ampella has 3 of these mineralised intrusions, which is very exciting. I am betting they have more.
When the brittly deforming intrusions are stressed, cracks form, auriferous fluids fill the cracks, cool, gold precipitates out...you can get vein/s, vein sets, stockworks. Rarely do you get one vein. Trick (again) is to find the other veins quickly.
Do not get lost in the grade, as the game is very different (see my previous post which included a link to some work by the USGS on leach grades and commercial returns).
Ampella now clearly has multiple different mineralised systems, including different mineralised intrusiveS, over a significant area aligned proximally with a crustal scale structure. Geologists dream?
Be nice to see a cross section and long section AMX communications team, You have to do so much better at communicating to the ASX and shareholders. Efforts to date are primary schoolish. My school teacher side gives you 2/10 for comms and literature...and you get this for layout and colour scheme.
Good luck to all, but this sounds very exciting short and long term for Ampella.
AMX Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
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