NAE 0.00% 0.5¢ new age exploration limited

General NAE discussion, page-356

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    Hot Copper has been pushing Mantel (MTL) lately, there is no harm in checking what others are doing in the Pilbara by reading the Quarter reports. As we know, DeGray struck it getting through the Alluvial cover, we are trying with the CSIRO method and the following is (MTL)'s method:

    The program will use the blade method for aircore drilling, which is the predominant drilling technique employed by other companies in the area. This method is favored for its cost-effectiveness, efficiency and comprehensive coverage in the absence of other targeting methods. This type of drilling reaches down as far as it can to fresh rock until it encounters refusal, typically reaching depths of up to 100m, although commonly ranging between 60m and 80m. Additional reverse circulation drill holes will be considered if aircore drilling fails to achieve adequate depths.


    An orientation sampling survey conducted earlier in the year yielded inconclusive results in targeting gold anomalies with sufficient confidence. Consequently, the Company does not plan to increase soil sampling across its gold exploration tenements. Instead, geophysics and aircore drilling remain the most cost-effective and efficient means for making gold discoveries under more than 5m of concealing sediments

    Comments?


 
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