ORD ordell minerals limited

This is from RMS in 2020, I don’t know about you but our results...

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    This is from RMS in 2020, I don’t know about you but our results are A LOT better and all under 120m


    The infill drilling, which is aimed at upgrading the Eridanus Deeps inferred gold resource, has delivered intercepts such as 29m at 2.2 grams per tonne gold from 305m, including 2m at 19.91gpt, sitting over 22m at 3.79gpt from 378m, 15m at 16.2gpt from 427m and 31m at 3.95gpt from 490m - all in the same hole.

    The mineralisation is constrained by the 60m wide Eridanus Granodiorite. When that is accounted for it delivers bulked out hits, such as an eye-catching 245m at 3gpt from 259m when bulked out.

    That includes a peak 0.5m at 181gpt from 406m.

    The latest deep drilling program is planned to add 8860m of drilling data, and the assays from the first hole of four drilled to date has delivered an encouraging start for the 15-hole program.

    It appears there is a rolling of the Eridanus Granodiorite about 300-400m below surface, which geologists believe has led to enhanced brecciation and the ingress of gold bearing fluids, with improvements in ore grades and thicknesses.

    The results support earlier holes, drilled perpendicular, such as June's 203m at 2.18gpt from 297m.

    Eridanus Deeps has an inferred resource of 5.4 million tonnes grading 1.1gpt for 200,000 ounces, within the wider 500,000oz measured and indicated resource for the deposit.

    The stage two pit is being mined down to 230m, and is expected to provide mill feed until 2023.

    Deeper drilling is now being prepared to scope the continuity of mineralisation below and along strike to the east and south-west of the resource model
 
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