Grades are great but it all depends on the strike of the mineralisation.
From the announcements:
Tangoa 019 - mineralisation orientation not known but drill hole azimuth of 36 degrees implies strike of roughly NW-SE
Tangoa 044 - mineralisation orientation believed to be north-south
Tangoa 045 - hole said to be perpendicular to north-south mineralisation but is drilled steeply down-dip and 37 degrees off perpendicular in the horizontal
Below a plan of the drill-holes with the high grade intercepts darker.
Now if the mineralisation is oriented north-south and dips vertically then correcting for horizontal and vertical apparency gives true widths of:
T019 - 27m x cos 50 x sin 36 = 10 metres
T044 - 54m x cos 65 x sin 35 = 13 metres
T045 - 116m x cos 65 x sin 53 = 39 metres
Looking at the plan in the announcement (below), the workings are oriented roughly ENE-WSW and the grey dots (silver samples???) are similarly oriented. If this is the case then T045 is drilled parallel to strike and T019 and T044 not far off strike and the mineralisation as currently known is about 50m in strike length and about 7m maximum true width.
A hole or two drilled NW-SE may be quite revealing.
- Forums
- ASX - By Stock
- Ann: OUTSTANDING HIGH-GRADE DRILL INTERCEPT
Grades are great but it all depends on the strike of the...
-
-
- There are more pages in this discussion • 404 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LDR (ASX) to my watchlist
(20min delay)
|
|||||
Last
10.5¢ |
Change
-0.005(4.55%) |
Mkt cap ! $11.21M |
Open | High | Low | Value | Volume |
11.0¢ | 11.0¢ | 10.0¢ | $2.948K | 27.86K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14916 | 10.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.5¢ | 124573 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14916 | 0.100 |
2 | 165000 | 0.097 |
1 | 50000 | 0.095 |
1 | 6000 | 0.094 |
2 | 30872 | 0.090 |
Price($) | Vol. | No. |
---|---|---|
0.105 | 124573 | 2 |
0.115 | 100000 | 2 |
0.120 | 271363 | 4 |
0.125 | 337608 | 4 |
0.135 | 154762 | 3 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
LDR (ASX) Chart |