KCN 1.81% $1.36 kingsgate consolidated limited.

Ann: Significant Gold Intercepts from Exploration Drilling, page-11

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  1. 6,151 Posts.
    lightbulb Created with Sketch. 1491
    The 10g/t bits are almost irrelevant, as 2 meters is nothing (unless it led somewhere, such as a vein getting thicker).

    But it does show whether the 16m @ 3.19g/t overall result is consistent or not.
    - Overall 16m @ 3.19g/t = 51 gram meters (from 6m depth)
    - Subsection 2m @ 10.65g/t = 21 gram meters (from 8m)
    So there's still 30 gram meters in the remaining 14m of the hole = 14m @ 2.14g/t + 2m @ 10.65g/t.

    Consistent enough over 16m, but Nok Kaeo is a bit further away. It needs more than 1 intersection to prove valuable. Actually, Appendix 4 showed that there were other drills there, but not interesting enough to report.


    The grade is a good start, but from the map, it looks like it might be the highlight of the area. 7947RC actually hit nothing, even though the map shows red there.

    https://hotcopper.com.au/data/attachments/6307/6307746-cb00f0f715bd2143cfd1f2e2dea348e9.jpg


    By comparison, B-R has multiple intersections of 30-40 gram meters. Being close to the fence helps too (less trouble from landowners).




 
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