Love those VMS deposits...High grade Cu , with Au I was in THX...

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Dabru

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26/03/24

19:54

Post #: 73070722
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Originally posted by Green Bull: ↑

They only drilled 2 out of the 4 Orion holes too - don't think they drilled the deeper two.

Mineralisation was extended by 100m down dip, but if you look at the drilling completed announcement, it won't be long intersections and/or high-grades.

But as Dean says, every target they drill, they want to gain 2-3 (from memory, or was it 4-5) new hole targets from it, using the hole learnings plus DHEM, etc. And he did mention at the interviews/pressos that they've learned a lot from the failed campaign (ie. Orion is a Degrussa-type/VMS deposit, Grant's is epithermal, etc), which helps them use the best methods going forward to define targets for/hit them with drilling.

I'm sure when they're up in the Kimberley next, they'll try and make up for last year's campaign, even though it was no fault of their own that they couldn't complete it.

Anyway, bring on this gold discovery drilling this/next week, with the gold price currently at over $3,300 AUD an ounce.

Cheers,

GB.

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Love those VMS deposits...High grade Cu , with Au
I was in THX when they had the RedBore tenement next to SFR's VMS deposit. RedBore unfortunately didn't come up with the Cu,.They Found a bit quite near surface with nice grades, but not a big deposit to be found at depth.
Just hope those targets they've got to drill might be other pods.
Fingers crossed that there's something exciting below.

DRE Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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