CTO 20.0% 0.4¢ citigold corporation limited

I agree with you. From reading it sounds like they may have...

  1. 230 Posts.
    I agree with you. From reading it sounds like they may have assay results on the gold mineralisation but are not saying what those values are, so I am wondering if they are very low and therefore we get the spiel about the base metals as per the exerpt below from the announcement.

    "This intersection confirms the geological
    continuity of the structure and continuity of the
    gold mineralisation mechanism to that depth.
    Base metal results have not yet been returned
    so it is not known if it is accompanied by a
    base metal anomaly. Lead and zinc values
    above 1000 parts per million at Charters
    Towers have previously indicated high grade
    mineralisation even where assayed gold
    values were low. Further analysis for lead and
    zinc may help define high grade gold areas in the intersected zone."

 
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