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Exciting gold prospectively at Twin Hills. The historical gold...

  1. m0ngy
    10,075 Posts.
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    05/08/20
    21:23
    Post #: 46331677

    Exciting gold prospectively at Twin Hills. The historical gold resource is about 16K oz au, not large, but very high grade averaging over 20g/t au. The historical high grade resources were shallow and easy to mine. They have a history of turning out to be pathfinders to large resources using modern exploration techniques. The potential is for very high grade low AISC oxide gold at Twin Hills.
    The shallow auger drilling program completed by Emetals found a coherent +10 ppb Au anomaly parallel to an interpreted northwest striking, southwest dipping thrust. The structure is similar in orientation to the thrust that controls the historical gold shoot at the Twin Hills. EMT predict that there are repetitions of the historical gold shoots. The anomalous structure also showed some much higher ppb results..

    The increased involvement of VMC is significant. They have their hands full with Younami and Penny West exploration but have a strong history of picking highly prospective finds. I wouldn’t rule out a Venus TO in the future.

    The Market Cap of EMT is just $8.6m and is sure to grow as the drilling gets underway. The discovery of the predicted replications of the high grade gold shoots will make EMT a multibagger.





    https://hotcopper.com.au/data/attachments/2355/2355124-4b9516a500de6fd7f6d2b52c52e48786.jpg
    EMT Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
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