Maverick7 does have a point in his interpretation of the Southern Zone in that there seems to be poor continuity but I am still encouraged by the new DHEM data that will help guide them for future drilling at Durnings South, the new much deeper but higher grade intercept is being ignored by the market but that's not unusual to see in Cobar Style geology and the deep intercept in hole 23 means more deeper drilling so some people obviously hit the panic button as the mineralization is not proving to be entirely predictable.
Hole 23 in the northern zone is probably less than ideal orientation of drilling, but seems to have some variable styles of mineralization into higher Au and some higher Ag & Cu zones so interesting that several different styles of mineralization are being seen and possibly at different orientations or even different generations unless they are really in different stratiform bands or lenses, too early to tell yet, the same story again, increased complexity shown at an early stage of drilling but I topped up a little on the sudden drop as it looks like its a complex mineralized system with the potential for numerous pods/lenses that have yet to be explained, I like that they are planning follow up drilling if finding an orebody was so easy then everyone would have one. This is high-risk exploration in a complex geological terrain with the possibility of numerous small high-grade lenses/pods scattered around a distinct possibility.
- Forums
- ASX - By Stock
- Ann: Second High-Grade Copper-Gold and Base Metal Zone Discovered
Maverick7 does have a point in his interpretation of the...
-
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLM (ASX) to my watchlist
(20min delay)
|
|||||
Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $41.43M |
Open | High | Low | Value | Volume |
22.0¢ | 23.0¢ | 21.0¢ | $128.8K | 597.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 22.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 0.225 |
1 | 14647 | 0.220 |
1 | 5000 | 0.215 |
3 | 68492 | 0.210 |
2 | 70000 | 0.205 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 10000 | 1 |
0.235 | 19000 | 2 |
0.240 | 52700 | 1 |
0.250 | 35000 | 2 |
0.255 | 99044 | 3 |
Last trade - 15.23pm 13/11/2024 (20 minute delay) ? |
Featured News
TLM (ASX) Chart |