Slowly slowly catchem monkey -"A hanging wall talcose schist was...

Slowly slowly catchem monkey -

"A hanging wall talcose schist was consistently intercepted on the south side of the target zoneand acted as a form of marker horizon.
This unit is visible in diamond drill core returned duringthe 2023 Tin Can diamond drilling programme (ASX: PGD 12 October 2023).
In addition, thismarker horizon was intersected during the RC drilling programme in a similar position alongstrike several hundred metres to the west (Tin Can West) beneath a previous identified soilanomaly.

A past soil sampling programme outlined a linear trend (nominally east west) defined by highchrome and nickel proximal to gold and arsenic anomalies. Multi-element analysis of previousdiamond drilling at Tin Can further supports the observed spatial association between gold,chrome and arsenic anomalism.

It is currently postulated that the marker horizon is the source of the chrome anomalism.

Previous diamond drilling found thinly banded dark red brown/dark brown clay altered rockssome of which contained gold mineralization with no obvious quartz veining.RC drilling found similar dark red brown clays (powdered) and dark brown to brown clay inzones that often-persisted sub vertically between holes.
The observed marker horizon and similarities in the lithologies in both RC and diamond drillingat the Tin Can Prospect gives encouragement.

Assays are expected over coming weeks."

My highlights - but looks interesting specially because there was 3% gold at Peninsular.