CDT 0.00% 0.6¢ castle minerals limited

Ann: Quarterly Activities Report, page-140

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    While we all patiently wait for Wanganui drill results (and we know gold is there, it’s just a matter of how much and how deep does it go), I came across a 2005 document created by Snowden Mining for Mercator Gold’s proposed acquisition of assets from St Barbara mines, and it suggests that Polelle has he most potential of all (at the time) SBM’s regional tenements in the area.

    upload_2020-8-2_15-2-14.jpeg

    Does anyone know if this may be in reference to the Albury Health mine now owned by WGX (is it part of Polelle or just right next door?) or are they talking specifically about the area CDT have recently acquired?

    Doesn’t seem to be a lot of historical info on Polelle, but it’s smack bang in the middle of WGX ground. (If only they could provide a better map). This from a ‘The Western Australian’ article a few months ago...

    ‘Interestingly the Albury Heath shear runs all the way through the eastern portion of Polelle where it hugs the greenstone beautifully about a km off the granite, making it a perfect West Australian mineral target.

    The same sheer zone picks up the anomalous gold in soil anomaly on Castle’s land and then continues right through Westgold’s Albury Heath deposit, setting up a perfect target for Castle to go after‘

    So with a bit of luck we may hopefully see some ‘Bonanza grade’ results from Wanganui this week (would line up perfectly with the Gold Investors Event) and then if they can expedite the plan to generate some cash flow via toll treating, this could possibly help fund the next drilling campaign at Polelle sooner rather than later. It will be very interesting to see what this area holds.

    By the way everything is starting to line up for CDT it should be a very exciting few months ahead!
 
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