OAU 0.00% 0.5¢ ora gold limited

Ann: Red Bore RC Drilling Update-THX.AX, page-2

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    From the J TABLE

    'This was a reverse circulation (RC) drilling programme.  RC sample was collected through a rig mounted cyclone with cone splitter attachment and split in even metre intervals. RC drill chips (from each metre interval) were examined visually and logged by the geologist.  Any visual observation of alteration or of mineralisation was noted on the drill logs. All intervals were tested by hand-held XRF and any reporting metal concentrations were bagged and numbered for laboratory analysis. "

    My emphasis.

    I wouldn't expect much from the assays based on that info - XRF expected btw.

    I thought that these holes were drilled because of geophysics, mainly anyway. Now I read that all holes have been subject to DHEM - curious, but why not I suppose. You never know, something might show up - more drilling then to target any conductor/s located then more waiting. That's exploration for you (and me).

    I thought that the SP stability was pretty good today. I had expected to see, when I read the ann, quite a sell-off, but no. Why? Anticipated? Gold hope? Most thought the news was ok?
 
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