“Discoveryman” …… I am just so amused at your exploration, reconnaissance & discovery drilling figures, all combined to say that BRB have drilled 100,000m of drilling, and as yet do not have a JORC, comparing that with GOR at 30,000m. ! There is no comparison between GOR & BRB using your numbers, full stop.
You said ……. “On 04/08/14, Gold Road Resources reported a 3.84 million ounce resource from 38,000 metres of Diamond and RC drilling completed within 10 months of initial discovery”.
So they never did any exploration with a little AC Sampler to find their Resource? They just found it and Diamond Drilled to form a JORC?
Give me a break !
Then you went on to say ………. BRB have completed over 100,000 metres of drilling (both Diamond and RC) and delay their maiden resource announcement”
You are making me laugh with you unsubstantiated assumptions, fair dinkum !
Let me outline the BRB program for you a little if you would allow me…..
BRB have a strategy of finding mineralisation (Au) under cover, both of recent transported cover and aged cover. There is no way an explorer can take a soil sample in Transported Cover and send it off to a Lab for analysis, it would be meaningless !
So what do BRB do? They use a little AC machine to get a soil sample from beneath the Transported Cover.
And, you have included the early Geochemical Sampling exploration in your Total Drilling Meterage as drilling out a JORC. Please, do not express your misunderstanding of Exploration, Reconnaissance & Discovery with so many people watching this site.
Let me put it simply at first for you with this 100,000m of JORC Drilling you have posted on this site, and with absolutely no research.
On 22/2/2017 BRB had completed 57,000m of sampling beneath transported cover to “sniff” out the potential of the Keith Kilkenny Fault/Shear Zone. Then they used a RC rig to check further, not many metres though. That was all exploration in a Greenfield region. It has been stated in that report that 85% of that sampling was , Reconnaissance. So 45,600m of sampling below Transported Cover, NOT JORC Drilling !
Then they had Phase 1 , Reconnaissance of RC to see if what they had sniffed out was for real, about 11,400m. NOT JORC !
Then Phase 2 of RC making a total of 10,994m of confirmation, then yes, there is something down there.
Then there was a further 36 holes of , Reconnaissance RC work for approx 6,703m, and then Phase 2 & 3 all, Reconnaissance.
All of the RC , Reconnaissance was confined to approximately 100m – 150m as has been outlined in previous Ann’s.
Now if this is not enough info for you to consider, then BRB goes wild again sampling beneath Transported Cover with the little AC sampler, AND, they have extended this Mineralising System from not just 2 Km’s, but to 8 Km’s. Just how BIG is this mineralised system they are saying.
So on the 26/6/2017 BRB have revealed that the little AC machine has scratched below another 5775m of transported cover, yes, just to get an original soil sample below that cover, to the North, to the South, Claypan, BIF and the Hinge Zones, Crescent & beyond, all Exploration.
We are now looking at a System Potentially 8 Km Strike Length ! Now I think the ‘Superpit’ In Kalgoorlie could fit into that very nicely over time. LOL
And bear in mind, all drilling to date was shallow, not the 200m that BRB are now choosing to delineate. Awesome.
So to Total up your misconceived Drilling figure of 100,00m without a JORC, let me just reveal to you what has been Reconnaissance, Exploration, through to Discovery.
If you believe that BRB have drilled 100,000 metres and have no JORC, that is a misrepresentation of the highest order.
Here is the equation below, assuming that your 100,00 id the total that you have painstakingly calculated …..
100,000m - 80,442m of (Exploration, Reconnaissance & some RC) = 19,558m of possible JORC Drilling
So just remember that JORC drilling did not really start until approximately July of 2017, just 3 or so months ago !
So how does BRB’s JORC drilling look against GOR after only 3 months? Pretty good I feel !!!
And how BIG is this BRB Maiden JORC going to look when comparing it against GOR? Please tell me how the two compare, I am keen to hear. J
The BRB Au is hosted around and within sulphide veins, scattered within a matrix of dolemite, which sure needs some delineation work to give a very good Inferred figure. Lots of work, and it has only just started.
BRB are in the hunt for a Tier 1 Resource/Reserve, and only time will reveal that, after all, Rome was not built in a day.
So I trust that I have helped someone on this thread, that NO, there has NOT been 100,000m of JORC drilling at Lake Roe.
Time is on my side, I am patient, and I believe that there are also many patient investors holding BRB just like myself.
Good Luck.
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