An example of the formation of the oldest of rocks. Let’s hope...

First 49 Last

Share
Profile

Follow
GT55

4,449 Posts.

1492

13/12/23

18:16

Post #: 71432884
Share

Originally posted by GT55: ↑

Something has definitely happened at Larins Lane, there was a lot of talk at the AGM about the drilling according to @Hateful8 who was present. The first 5 holes went down 90m deep at target 4 instead of the planned 20-25m. The original target depth was about 10m-15m undercover to penetrate some metres of weathered rock to the top of hard bed rock.
Apparently the archean greenstone target rock in the top 90m or so has been impacted by heat and pressure by the parallel granite belts during formation and is so heavily fractured the air core rig went straight through it. In general this an exciting discovery as similar formations elsewhere in the Gold Fields have been high grade Au, but assays will tell the story.
With Golden Grove on the same belt this could be anything!
Obviously it creates an interesting juggling event between where drill bits go and how many holes I’ll be drilled due to the increased number of metres drilled now in each hole and subsequent meters of assays required if this trend continues all the way through target 3 and target 1.
This isn’t unsubstantiated information as I have a recording of the AGM. There was discussion about what could be said but as it was a day or two after drilling and nothing has yet been confirmed by assaying.

Expand

An example of the formation of the oldest of rocks. Let’s hope it’s mineralised and another Golden Grove or similar is discovered.

TMX Price at posting: 0.5¢ Sentiment: None Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

MGU

New results confirm Buena Vista's iron grades potential

There are more pages in this discussion • 108 more messages in this thread...

First 49 Last

Add TMX (ASX) to my watchlist

(20min delay)
Last 0.3¢		Change -0.001(14.3%)		Mkt cap ! $5.298M

Open	High	Low	Value	Volume
0.4¢	0.4¢	0.3¢	$2.79K	800K

Buyers (Bids)

No.	Vol.	Price($)
10	9423261	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	7857880	10

View Market Depth

No.	Vol.	Price($)
10	9423261	0.003
20	37249160	0.002
12	38990099	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	7857880	10
0.005	13186006	12
0.006	17021552	9
0.007	2475936	4
0.008	1120000	2

Last trade - 14.53pm 31/07/2024 (20 minute delay)

TMX (ASX) Chart

An example of the formation of the oldest of rocks. Let’s hope...

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

New results confirm Buena Vista's iron grades potential

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

An example of the formation of the oldest of rocks. Let’s hope...

Top Stories

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

New results confirm Buena Vista's iron grades potential

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News