CST 0.00% 7.8¢ castile resources ltd

It is sometimes common that the gold assays will get done before...

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  1. 5,100 Posts.
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    It is sometimes common that the gold assays will get done before the copper assays, sometimes companies will get preliminary gold numbers before the other base metal numbers arrive.

    The extremely high gold grades would have meant maybe a fair few screen fire assays for gold, and the high copper grades might require the more "ore grade" determination rather than the standard Cu geochem which is only accurate up to say 1%, so all the stuff between 2-10% Copper is done with a variant of the assays that are more suited to ore grade. Sometimes the sample prep may get done and one set of pulps goes to one lab doing gold and the other pulp might go to a different geographical located lab which does more base metals, so it can be a lottery as to which lab is busy and which pulps make which trucks to geographically separate labs.

    Deep intercepts, but typical very high grade Tennant Creek style mineralization, obviously the market dosen't know what to do with this information, and the transpositional error and clarification scared out a few newbies who don't understand the significance of the extremely high grades in wide zones that CST is hitting.

    I had to go back and make sure that I removed all my optimistic take profits until the full assays come out and possibly the next drill hole.
 
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