PGD peregrine gold ltd

Congrats to the PGD team for their persistence unravelling the...

  1. 7,680 Posts.
    lightbulb Created with Sketch. 2092

    Congrats to the PGD team for their persistence unravelling the Tin Can structure. They've got a HG shoot that appears to be getting fatter with depth and maybe a second one which is great but it needs to get a lot fatter. Great grades but small tonnages on offer so far (scale bar bottom left) and you need both grade and tonnage to make a mine. Hopefully the next round of drilling delivers some nice fat extensions. Hole 15 is not great but hole 95 proves that 1 dud hole doesn't mean it's closed off.

    Karlawinda it definitely isn't. Tin Can is a boudinaged or faulted cylinder shape structure with a strike length of <10 metres as illustrated. Karlawinda is a giant slab with a kilometre long strike and down-dip length.

    https://hotcopper.com.au/data/attachments/6271/6271904-1d4f2c51857893b41814fa07e7b1170c.jpg

    Last edited by Midnight26: 26/06/24
 
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26.0¢
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-0.025(8.77%)
Mkt cap ! $22.06M
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