I think I may have missed the elephant in the room.
In this morning's ann it states:
27% of the drill holes ended in +50ppb Au mineralisation with grades up to 3.46g/t Au (1m
splits are expected to increase the grade).
In the last assays announced in August it stated:
Intercepts of oxide mineralisation include 20m at 1.63g/t Au (including 4m at 7.38g/t
Au), 14m at 0.50g/t Au and 4m at 1.16g/t Au (4m samples; 80m hole spacing).
But in the September quarterly [not as a seperate ann] the full assays were reported as:
Drill intersections of oxide mineralisation, incorporating 1m split assays received in late October
2015, are detailed in Appendix 2. Selected drill intersections of oxide mineralisation are
summarised below (final assay results received late October 2015):
5m at 6.12g/t Au from 30m (incl. 2m at 14.42g/t Au and 1m at 22.44g/t Au) in BAC0765
I'm now thinking that the yet to be released 1m split assays could turn up a similar result?
*Results for 68 holes still outstanding.
*EOH multi element results expected next week.
*CMZ results increasing to the south and further assays pending.
*Final assay results are expected over the next one to four weeks. An aircore drilling program ofcontinue in the same vein, we will have a major discovery on our hands.”
approximately 4,000m is planned to commence in early December 2015. The details of the
program will be finalised following a full assessment of the results of the recently completed
drilling.
*An early phase of diamond drilling is envisaged in late January 2016.
And my favourite from this mornings ann:
“I look forward to the targeted drilling phase of our campaign at Lake Roe and if the results
- Forums
- ASX - By Stock
- BRB
- Ann: Trading Halt
Ann: Trading Halt, page-21
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
P.HOTC
HotCopper
Don Currie, CEO
Don Currie
CEO
Previous Video
Next Video
SPONSORED BY The Market Online