FNT yet to announce Gold assay results from its Swat Kia, PNG trench sampling. Previous assay results from trench sampling were very high in assay value in the range of 395 g/t.
In my view, another set of assay results with very high grade is on the way soon. I think, delay in assay results are due to very high assay value and, Peter Mc Neil of FNT would like to recheck higher values before announcement.
Look,no doubt FNT is a gem but highly speculative. In my opinion, FNT has not been able to confirm source rock of very high grade gold assay values due to very difficult terrain.
Recently, FNT conducted core drilling thinking it is drilling into porphyry (source rock) but the core samples indicated siltstone interlayered with quartz and other felsic material.
Keep watching......
Gem but speculative
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