imo MCT is the best gold play on the asx, they have not put a foot wrong and have drilled plenty of holes with some big high grade hits and thickness
results incl the following
LPRC0107 - 2m @ 59.9g/t from 147m (incl. 1m @ 118.4g/t Au from 147m) & 4m @ 3.7g/t
Au from 151m (incl. 1m @ 11.6g/t Au from 151m),
o LPRC0109 - 3m @ 4.2g/t Au from 137m (incl. 1m @ 9.4 g/t Au from 137m,
o LPRC0098 - 5m @ 3.8g/t Au from 92m (incl. 2m @ 6.7 g/t Au from 92m)
o McTRC0044 - 3 metres @ 19.1 g/t Au from 88 metres
▪ incl. 1 metre @ 52.8 g/t Au from 89 metres.
o Intercept is directly down plunge of previous high-grade hits of:
▪ McTRC0005 of 5 metres @ 17.9 g/t Au from 48 metres
● incl. 1 metre @ 80.17 g/t Au
▪ McTRC0001 of 4 metres @ 6.4 g/t Au from 67 metres incl.
● 1 metre @ 15.47 g/t Au2
▪ Historic hole of 2m @ 22 g/t Au
and more recently
McTRC0049 - 5 metres @ 25.9 g/t from 28 metres incl:
▪ 3 metres @ 41.5 g/t from 30 metres,
▪ 1 metre @ 91.2g/t Au from 30 metres);
o McTRC0064 - 6 metres @ 20.6 g/t from 19 metres incl:
▪ 4 metres @ 29.1 g/t from 20 metres;
o McTRC0044 - 3 metres @ 19.1 g/t from 88 metres incl:
▪ 1 metre @ 52.8 g/t from 89 metres;
o McTRC0051 - 4 metres @ 3.5 g/t from 8 metres incl:
▪ 1 metre @ 11.4 g/t from 10 metres.
Highlights include numerous shallow intersections such as 3m at 107.2g/t from 32m (Leipold), 4m at 104.8g/t from 36m (Leipold), 3m at 52.33g/t from 23m (McTavish), and 3m at 44g/t from 18m (Cumberland).
Metalicity has defined a significant ‘exploration target’ at Kookynie of between 294,000oz and 967,000oz, inclusive of historically stated resource estimates and previously excluded areas of underground development.
cosmopolitan
3.2m @ 428.6 g/t Au
• 2.2m @ 433.2 g/t Au
• 2.0m @ 330.6 g/t Au
• 2.2m @ 220.4 g/t Au
2.0m @ 220.4 g/t Au
• 2.1m @ 217.4 g/t Au
• 2.1m @ 214.3 g/t Au
"it is clear that the opportunity at Cosmopolitan and the wider Kookynie gold project is now multiple times what we thought it could be," Managing Director Jason Livingstone stated."
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RAIDEN RESOURCES LIMITED
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