The intersection of Au-Cu-Mo mineralisation is the most interesting feature of the announcement. The 19m intersection is (very) roughly equal to 1.5g/t Au equiv. What you should be looking for next are big intersections of 100's of m of similar grades.
BCRC100035 would have found it if it had gone a few metres more: The difficulty arising from logging chips instead of core.
High grades are good for headlines, but unless they can be connected to nearby holes does not mean much. They are using RC drilling so no core and hence no info on structure or the true width of the mineralisation. One (or more) of the three deep diamond drill holes may retest this zone.
Always do the calculations: 23m at 2.33g/t, subtract out the 1m at 44.9 and the remaining 22m grades 0.4g/t Au.
Drill results are still a bit deep, spotty and low grade for my liking. This zone was expected to show higher grades.
Good to see that they have finished 16 holes at Buccaneer and 1 at Old Pirate. More results coming soon.
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