When drilling sub-parallel to the structure in a more distal...

When drilling sub-parallel to the structure in a more distal position relative to the main control, a drop-off in grades is expected. While the grades at this position did decline, the thickness and continuity remained consistent with the drill hole above. This location’s lower performance doesn’t diminish the overall scale of the opportunity—shear-hosted gold systems are known for their pinching and swelling, distributing grade in non-uniform ways. I wouldn’t be surprised if future drilling below this position reveals a return of higher grades. This looks like a major long lived multi phase structure, this hole was only testing 300m at a more distal position.
The market’s reaction, wiping significant value off the market cap based on this result, has far exceeded what the geology suggests and is more influenced by sentiment surrounding boardroom dynamics with Datt than the actual geological potential.