down dip down structure, page-7

tastarga...

lol.

No need to “seek advice”...even an exploration dweeb like myself could work this one out...lol

Importantly, what negative light can you shed on this for us all?

In the meantime, can I suggest the 18 hole was obviously drilled to target the extent of the interpreted down-dip ore-zone (structure)…lol, doh…with the added attraction of possibly hitting the likely higher grade Cu zones along the way on a more perpendicular strike than was possible from the other side…but in the process, also testing the down-dip continuation and economically important consistency of the obvious structurally controlled mineralised zone, or Cu halo as it were within the wider fluid pathway.

The fact they have (or at least had) apparently depleted zones within this broader mineralised zone, as suggested from the diamond holes drilled from the west…above all else, in my view justified a down-dip drill. Why were there zones like this…is it water table related…fault/slip related…geologically realted…or perhaps a combination of all the above?

Clearly they have an ore zone here which has been fed from a much deeper source…obviously the target of their mag/grav signature…as such they can expect to encounter low grade background Cu within the interpreted fluid pathway (towards their deeper target zone), from anomalous results to say 1% Cu grades (as has been previously confirmed in some of the north dipping drill holes), but they can also expect higher grade zones were conducive host is encountered, again as highlighted in drilling from the other side and where offset high-grade zones are apparently non continuous. Of course, they will also likely encounter Cu grades everything in between, once again, within the structurally controlled mineralised ore zone.

What is important though is the average grade of this mineralised footprint…and this drill tells us what they need to know more than say five similar 100m+ spaced cross-cutting diamond holes…lol…in fact it tells us more than even 20 such holes drilled from the same side as the previous five!

Why drill a total of say 2,600m on fie holes when a single hole of 500m down dip will tell you the most important thing you need to know…is there any Cu down there worth chasing?

I suggest in your flippant dismissal of RXM’s results, you are doing nothing but applying "desktop geo-101" to an actual real-life drilling programme here...lol...I think this is more than a little unfair of you.

Can I ask why you feel the need to crap on everyone’s efforts in the industry the way you do…what has happened to you that you need to discredit everyone in this way?

Why not be a happy chappie…don’t be so mean…forget the spam, eat green eggs and top ham!

lol

On this issue, I ask again, do you have experience actually drilling such structures and/or effectively managing such a program? I think at the very least, if you are going to dismiss RXM’s exploration program, at least do the right thing and offer something of substance as to why?

It is pretty obvious to me the planning of this hole was based on RXM's (view from the holes drilled to date from the west), that they had a steep dipping structure that ran straight into their primary mag/grav target, but as can be seen from the results of the five holes drilled previously, which intersected the ore-zone from between 100-150m apart from each other down dip, that higher grade zones were clearly not making sense within the broader mineralised footprint.

Remember, the previous drill holes intersected the mineralised zones at 100m spacings down dip…lol…can I suggest people go and pace out 100m and see just how far that actually is. To place the current cross-section in context, relative to drilling just 5 holes, RXM’s team are effectively drilling through a first-floor window and hitting a quality timber desk…then moving up to the 40th floor, drilling through another window and hitting no desk at all…then moving up to the 80th floor and hitting a nice quality desk again…and then a low quality desk on the 120th floor…and yet again at the 160th floor. From this they are trying to determine what sort of desks are on the rest of the floors. They can guess there will be desks in there, the type of building tells us this…but after drilling through just 5 windows, they are trying to guess what might be in the other 155 windows…

It really does make sense to drill straight down through each floor at times…you get a much better feel for what is actually in the building because you will virtually hit every desk…and you do it with one hole!

I suspect in tastarga’s world they should have drilled in from the other side (the east) with another 5-6 diamond holes (remember, each hole is from about 300m to 700m down hole length)...taken a further 6 months or more to do it and perhaps spent half a mill (or more) in the process...lol, sorry, I do not agree with this approach, nor I suspect would RXM management nor indeed their shareholders.

Instead, what they did was drill two holes down dip, not only to gain valuable information on the likely economics of any potential ore-zone (if it existed at all), but also to help determine what was going on with the apparently isolated high-grade Cu zones within the broader mineralised footprint.

We need to remember of course, one of the down-dip holes was actually targeting the interpreted magnetic/gravity source at depth...(about 750m or so down hole?) so hardly a "directors hole" as you are alluding. Sadly however, this hole had to be abandoned before reaching its target depth. With mineralisation increasing with depth however, as suggested in the announcement, this is very attractive to me!

Anyway, in my view RXM is not a CSE, a CAZ, nor even an RMB...they are not hiding the fact they drilled down dip, on the contrary, they have highlighted it for all to see…in the form of a cross-section you obviously spent just 3 seconds studying!

Lol

Look how many down-dip holes were drilled at Einasleigh…perhaps enough said!

Anyway...now they have drilled this hole, at a fraction of the time it would have taken to drill your 5…or more…they have real results to work with. I see this as a real positive and whether they drilled down-dip or not, with a mineralised zone up to 100m true width in places, achieving 259m at 1.7% Cu down the guts of it is a significant hit in anyone’s language! Importantly, even when they remove the high grade lenses from the results, they now have a real feel for the likely average "background ore" grade here, which is not that shabby at 1.2% over the same down-hole length.

One drill tells us all this...one drill…not 5…not 20…just 1!

In the current market, the economics of the process is just as important as the process itself…what use drilling 5 holes to potentially get a zero net improvement on resource knowledge, when they can get the same with just one?

What a waste…I do hope you do not run your exploration programs in such a way? Such wasteful management is what has bought many smaller explorers down in recent months. I suggest it is one thing to postulate from behind the safety of a desk in air-conditioned comfort…another entirely to action a cost effective program on the ground!

It looks to me like RXM are doing just that!

Anyway, the hole looks about 70 degrees to me (I did not see a dip reference)...nothing wrong with drilling this in my view...nothing at all…in fact it provided the most cost effective way to find out quickly what might be going on.

Whilst some might like to know the intimacy of every possible geological control that may be impacting here, and prepared to drill 20 holes at considerable cost to find out, I am sure the Company (at this early stage), just wanted to know if there was any bloody Cu down there worth chasing!

They can always go back and sort out why it is there later.

lol

From what I can see, it appears they do have something worth chasing…high grade Cu zones (shown in red), are clearly shoots or lenses that fall within a broader lower grade structurally controlled Cu halo…now known to be more than likely economic thanks to hole 18.

When it comes to JORC'ing up this part of the resource, two more holes similar to the one in question (ie, drilled down dip) will tell us more than say 20 from either side. Of course, I am talking Cu content here…they will need to know more about the controlling geology before the dozer ever works here…this might be when they would bring in someone like yourself…but are we not getting a little ahead of ourselves here?

Bottom line…they have good results in my book...and its OK if you don't see it that way.

Cheers!