AS1 8.33% 1.3¢ asara resources limited

huge grades, page-5

  1. 5,261 Posts.
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    Hi Kat,

    The market needs to realise we are dealing with a "copper rich" massive sulphide ore which also contains bonanza grades of gold!

    As wabest pointed out earlier it was great to read that the historical copper results were understated and also that a lot of the gold intersections stopped in mineralisation:

    "Gold grades are strong throughout much of the continuous shoot of mineralisation and are locally very high, as indicated by the intersection of 1.2 metres at 656 g/t gold in Hole 40/1990. As several holes had started or ended in mineralisation, the actual width of the shoot may be greater

    A new assessment of the remaining past drill core has found that considerable zones of disseminated copper mineralisation was intersected in the core and many of these zones were not assayed for copper"

    http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00964807

    JB
 
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