If the gold mineralisation starts at ~100m MU19DD04, which if...

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Lange1

1 Posts.

21/01/20

19:43

Post #: 42500084
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Originally posted by Novo2018: ↑

Yes, anything might be disappointing compared with the results for that 1.42 meters of MU19DD04. But there is possibly good news.
From the Announcement of Dec 23, 2019: "MU19DD04 was finished prematurely on account of intersecting the key Shicer Gully Fault earlier than anticipated at a down hole depth of 351.6m."
Here is the location of MU19DD04 from the same Announcement. Also note the position of the historical drill hole CGT023 to the SW of MU19DD04.

Now if you look at the ASX Annoucement (CGT.AX) for Apr 22, 2008 there is this Table with the results for the hole CGT_023. Note the depth for the intersection with the Shicer Gully Fault at 337.4 to 334.0 meters and 64.40 g/t Au. The depth is not that different than for hole MU19DD04.

Here is the cross section showing hole CGT_023. This gives me hope that where hole MU19DD04 intersects the Shicer Gully Fault there could also be high-grade gold present as in the hole CGT_023.

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If the gold mineralisation starts at ~100m MU19DD04, which if I'm not mistaken, located at the a little NE to the historical CGT023 and MU19DD02, does that mean the mineralise may start dipping from surface around MU19DD04 & slowly down to deeper towards the direction of CGT023 & MU19DD02??Sorry, still trying to understand how cross section works.

Still trying to understand how cross section works. But this image shows that it's dipping from S to N instead? Or there are simply few mineralisations going on?

Last edited by Lange1: 21/01/20

KZR Price at posting: 60.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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