We should be drilling GEO-01 target pretty soon, if not first up. GEO-01 is an aircore anomaly with Au from 20 to 100pp, which matches up with the AZY-IGO target AL05 which is 20-50ppb Au in AC holes.
When the top of Minyari is dominantly 50 ppb (0.5g/t Au), and GEO-01 has hits at 1g/t, its encouraging. The visibly dud holes across the top og GEO-01 could also have failed to reach basement with Permian channels often proving difficult to drill through with an AC rig - you get drill refusal at anything hard, like a small bit of granite entrained in the Permian paleochannel. So thats my optimistic thinking on why some holes over the top of GEO appear with no gold.
We should know very soon, they might even release something if they see visible signs of mineralisation since they know what they're looking for.
and with an SP being the cheapest its been in over 3 years.... lets go baby!
We should be drilling GEO-01 target pretty soon, if not first...
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