Looks like Wallace North drilling was concentrated with mostly shallow drilling but these new drill holes strongly suggest a strong plunge towards the South-west in long-section view. These Wallace things were inadequately drilled in the past so good to see the TNC Geology team recognize this.
I'm sure if they drill a few holes down-plunge from WNR001 & 002 and down plunge from WNR008 & 007 they will find something decent down there, plunging shoots are a very common ore geometry in the Cloncurry/Eastern Fold Belt region e.g. Eloise, Osborne, Starra, Trekelano etc etc. Some honking high grade gold numbers in there albeit in narrow zones at the moment but looks like the gold mostly follows the high grade Cu zones. The geology will probably be complex though with mineralisation possibly pinching and swelling..
More drilling required at Wallace North. The conceptual targets look very deep - i hope they don't try to "shoot for the moon" straight away and follow these plunging shoots down in a methodical way.
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- Ann: TNC [email protected] g/t Au & 10m@2,22% Cu, Wallace North
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Ann: TNC [email protected] g/t Au & 10m@2,22% Cu, Wallace North, page-2
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