TRY 0.00% 3.0¢ troy resources limited

high grade drilling results announced ...

  1. 24,765 Posts.
    Including "1.10m at 198.01g/t gold and 18,670g/t silver"

    "Commenting on the results Troy CEO Paul Benson said: “These drilling results are particularly pleasing on a number of levels. Obviously there are some very high grades, but more importantly these holes are filling a gap between the Inca 1 and Inca 2 blocks that are already in underground Reserves and are in an area where tunnel development was already planned and thus easy to access. At this stage we expect to add this material to Reserves and Resources later in the year”.

    “The holes were collared in the hangingwall and also tested the mineralised structure called B-Vein before hitting the INCA structure thus allowing us to continue to define this hangingwall zone. B-vein is currently being mined in the open cut, but to date none of the underground mineralisation has been included in Reserves. Again we now expect to include the underground B-Vein in a Reserve and Resources update later in the year.”

    From TRY's ASX announcement released today.

    My comment:
    Obviously the market doesn't care.

    It's pathetic attitude, at this point in time, based on irrational fears of the unknown is that TRY is just wasting its money drilling and finding plenty of gold and silver just so it can be taken by the Government at some unknown point of time in the future imo.
 
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