Afternoon amigos.
A fairly solid result today. As mentioned, another impressive 100g/m+ Au hit with hole 154. The company reckons that this is the 15th 100g/m+ hit but I make it the 16th as hole 12 just scrapes in (
[email protected]) if you round it up lol. Anyway, minor point but hole 69 still remains the best at 300g/m Au.
I have managed to align the Indicated and Inferred resource zones provided by the company to the 'birds eye' view of El Zorro on google. It will be useful to see where current results stand with reference to these zones and of course, to see where the outstanding assays sit.
So, to start....the MRE collar locations.
If we zoom in a bit more we get this...
Transferring it to google we get this...
Adding the 100g/m+ Au hits included in the MRE we get this and you'll notice that holes 17,18 and 84 are still categorised as inferred at this point. More infill drilling required to upgrade it to indicated. Holes 51 and 149 are included to show you the location of the two holes that reported VISIBLE GOLD but didn't quite get to 100g/m+Au status.
Now we can add the results from today's Ann (5Aug'21) which includes hole 154 (230g/m Au) and hole 151 that was abandoned due to "bad ground conditions".
Again, without the MRE overlay for clarity...
Finally, a summary of the drill collar locations of the outstanding assays. Note, I haven't put the drill azimuth's onto each hole as I'm pressed for time. But all holes, except hole 106, are drilled in a south-west direction (240 degrees). Hole 106 heads to the north-east (060 degrees).
IMO, still so much upside for this project. We know that the company has at least 250k of "uncategorised" oz to firm up in the short term. Today's result of a significant hole to the south bodes well in this direction and fingers crossed Ternera East results hold up well too. The company is obviously concentrating on significant infill (4 out of 6 rigs) to firm up the indicated resource. The other 2 rigs are being used for extensional targeting.
M8
(20min delay)