GMD 0.90% $2.20 genesis minerals limited

Ann: Spectacular High-Grade Visible Gold Hit of 5m @ 60.7g/t, page-7

  1. 2,342 Posts.
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    Wow that headliner is an excellent hit.

    Using a quick rule of thumb assessment of gold drill hits (apologies for those who have seen me quote this on other threads):

    Mtrs x grams.p.t

    Good hole 50+
    Really good 100-200
    Excellent 200-500
    Stellar 500+

    Hole892 = 5m x 60.7 = 303.5 = Excellent!

    Was also very impressed by the results from Danluce - King, importantly how they are outside the previous drilling and spaced between Danlunce and Admiral, and then between King and Clark. Its shows the whole area has decent gold mineralisation and all at shallow depth. It is looking more and more likely that these individual deposits Admiral/Clark/Butterfly/Danlunce/King area could be one big open pit.

 
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