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Ann: Outstanding Shallow High-Grade Copper-Gold Discovery, page-242

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jezzathegeo

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28/09/19

01:07

Post #: 40617261
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Originally posted by retrac: ↑

Lets not forget that hole 5o was initially described as a 14m interval;
SMD050 has intercepted 14.6m of massive to semi-massive sulphides including chalcopyrite, bornite and chalcocite from 79m to 93.6m down-hole.
And we ended up with a 32m interval;

o 32m at 5.88% copper, 1.00g/t gold and 58g/t silver from 62m down-hole;

Hole 51 has been described as a 60m interval;
~60m of massive to semi-massive sulphide including zones of strong copper sulphide mineralisation.
So is hole 51 going to be mineralised over a greater distance than 60m?? If it is like hole 50 then it will be over 120m interval.

The point is we really don't know what length of interval and grade Hole 51 will come in at but due to the fact that there is trace chalcopyrite through out the whole interval interspersed with some higher grades sections as per hole 50 it isn't unreasonable to assume that we will see at least a 60m interval at approx 5% Cu. However only assays will tell the true story.

Of note is that the perceived higher grade section of hole 51; 106-116m (chalcopyrite, bornite, chalcocite) correlates well depth wise, considering it is a 160m step out, with the high grade section of hole 50;
12m at 14.3% copper, 2.26g/t gold and 145g/t silver from 82m, including 2m at 40% copper, 3.00g/t gold and 517g/t silver. There may be a higher grade band running along the fault between 80 to 120m??

Then there is any Nickel to consider too, are we going to see more high grade hits in hole 51 too.

It will be very interesting to see what hole 51 turns up, one thing is for sure it isn't a duster.

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yep, I don’t disagree. I’ve seen similar in Queensland, as has Chris. We’ve both drilled the same. A basic contact against a felsic intrusive. The metal drops out on the geochemical boundary. The mining engineer in me is concerned about continuity and volume, but the geo in me remains impressed as to where persistence and a belief in the rocks leads. So I’m not calling anything other than a most impressive exploration performance.
SVY Price at posting: $1.07 Sentiment: Buy Disclosure: Not Held
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Ann: Outstanding Shallow High-Grade Copper-Gold Discovery, page-242

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Ann: Outstanding Shallow High-Grade Copper-Gold Discovery, page-242

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