I think that some may have overlooked the significance and the future potential of an intersection of 1 metre @ 21.1 g/t gold. - How often would one even see one metre @ 21.1 g/t gold ? Not too often!!
Would the results of this drill hole have been viewed differently if the virtual equivalent of 1 m @ 21.1 g/t gold had been reported/announced as 3 metres @ 7 g/t gold - equivalent.?
The remarks below need to be digested slowly as this significant intercept is highly encouraging and tends to prove something (perhaps even exciting) is going on at Mt Aubrey.
Basalt/sediment Contact;
Just above the interpreted basalt contact, and again at the base of a quartz vein, an intersection of 1 metre at 21.1 g/t gold was received. This significant intercept close to the contact between the sediments and overlying basalt is highly encouraging since it is one of the primary targets of this drilling program. Godolphin awaits improved access conditions which will allow the re-commencement of the second phase of drilling on Mt Aubrey. Figure 2 depicts the mineralisation and geology described above. A summary of the gold assay results for T-MAR032 are shown in Table 1 with a full tabulation of the gold results presented in Appendix 1.
GRL Price at posting:
20.0¢ Sentiment: Hold Disclosure: Held
