Further to what @ Phillip_K mentioned - Realistically you need at least a third of these intersection's thicknesses to comprise massive sulphides in order to produce a tantalising JORC. 1 to 2 metres will not cut it if there is no continuity over the length of some of these prospects - saying 400+ metres of continuous strike length with mineralisation. The advantage here of course, is that the intercepts to date are at relatively shallow depth within open cut range . And although we do not yet have grade data for the content of the blebby and disseminated portions within the intersections, the bulk visual estimates of sulphides isn't at all shabby.
I am looking forward to a flood of the assay results that must be in the pipeline by now and hopefully will be released soon. Then, we may start to build a decent picture of the shape of these shallow bodies and plan some fences of close spaced holes across these sulphide bodies. And hopefully, the fences testing the deeper sections, will start showing a hint of coalescing mineralisation between the EM blobs. And, perchance intersect some undetected ones as well. That would be nice!
Cheers, Helmenesh
SGQ Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
