A result like this would trigger a spike I would imagine.
· 60m at5.22g/t Au and 0.38% Cu from 112m down-hole to end of hole,
including:
· 20m at12.2g/t Au, 0.87% Cu and 1.7g/t Ag from 144m
This porphyry is opento the north and south and its eastern extent is unknown.
The mineralisation isopen at depth.
When reading announcements, after the headline, the next page I always read is table 1, that contains all of the drilling results and not just the good stuff.
I’m not passing any comment regarding the quality of LEX’s find but, it would appear there is quite a bit of work to complete to figure this one out …
LEX did a CR in Oct (Soph’s) and SPP (Retail) at 24c, they have a little over $4m in bank.
With a current sp of 66c with plenty of news in the pipline, one could be forgiven for thinking another CR is on the cards.
Anyway, just wait until NXM’s Paint project returns an intersection of 80m @ 2.5g/t from 12m!
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A result like this would trigger a spike I would imagine. · 60m...
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