Ann: Strelley Gold Corridor Extended To Over 4KM Strike, page-39

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HeliosUK

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28/10/21

12:08

Post #: 57142508
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Originally posted by Wack: ↑

@HeliosUK
Wow mate, I missed this.
I have been way too busy of late.
Had a quick look back but will have to put more time in here.
I will try to do some more research over the weekend.
Looks like they just touched it with the ac at Bastion.

Here is a better one that shows something a little bigger at Pallisade.
Again it has been sniffed out with RAB in this case but needs RC & DD follow up.

Here is the map that shows where these to lay along the Berghaus and Tabba Tabba Shear zones.

This is showing some very positive early signs.
I am surprised that the 8500m drill program did not find something more significant but yes it is still very early and there needs to be more work done here.

No results that stick out here as yet but they now have some much better targeting.

I will be looking for a discovery hole that mimics the one that deg had.
Here is the discovery hole ann that changed everything for them.
The sp finished under 5c on that day.

Take note of BWAC185 and BWAC211 in the pic below.
Those holes have not been followed up yet and that is now 2 years ago.
It was said that those holes are just a distraction atm.
Now you can see why mineralisation at EOH in ac is important and lovely to see.

Here is one more pic to give you a better image of it.
These were the early days of Hemi and those ac holes are the sniffer holes that have been used to step out and determine the footprint.

Watch out for some High Grade that they may hit along those Shear zones where there could be similar overlay of structural and intrusive.
With a ~$35m mc, hitting the HG goods could send this rocketing.
Good luck all.
Kind regards, Wack.

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Agree with you there.

1 hole like that and this thing will triple - only 115m SOI

Risk of finding nothing further is backed up by the promising copper prospects (which I think you've already seen in a previous tag). Been said before by others, but I see this as one of the better risk-to-reward ratios on the ASX. Could lose 10-20%, could gain 100s%

Will be months before it's clear, but the potential is worth the wait

Happy weekend reading @Wack

CNB Price at posting: 29.0¢ Sentiment: Hold Disclosure: Held
16 Upvote

2 Great analysis

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