We play on, always happy when exploration finds some decent grades compared to coming up empty.
Ratios have increased dramatically compared to previous decades.
Lots of people don't understand exploration and have never been on a rig site.
Two of these holes (ANT0131 and ANT0134) targeted mineralisation at reasonably shallow depths at the
northern end of the Main Shoot (see Figure 3). Some of the highest-grade mineralisation ever intersected at the
Antler Deposit was encountered in both these holes, with significant results including:
8.0m @ 5.9% Cu, 7.6% Zn, 0.6% Pb, 37.3g/t Ag and 0.46 g/t Au from 402.0m
(8.0m @ 8.3% Cu-Equiv.) in ANT134; and
2.5m @ 10.0% Cu, 4.2% Zn, 1.1% Pb, 55.5g/t Ag and 0.99 g/t Au from 367.0m
(2.5m @ 11.8% Cu-Equiv.) in ANT131
These results exceeded expectations from the resource model; as a result both the tonnes and the grade of the
corresponding part of the Mineral Resource are expected to be enhanced as a result of this drilling.
Best to have proper control of the orebody so as not to replicate the disaster Calidus had.
Now that the HNW has thrown his dummy out in the last sell down, we play on and have RCF and the Super Fund people to build cornerstone positions with, now to add a few more North American funds that understand the project and its worth.
The team has been actively promoting in Nth America and that is where the focus makes sense and also more constant news flow moving forwards.
Looking forward to catching up with the team at RRS on the gold coast next week.
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