ATN 0.00% 0.2¢ ashburton minerals limited

initial drilling confirms gold at tanque belo, page-2

  1. 12 Posts.
    Cybercruiser -

    Although I share your enthusiasm for ATN, the gold results announced today are nothing to get excited about...really! Best result less than half a g/tonne. Compare say, with July 9 announcement by Apex (AXM) at Wiluna WA (below)
    Better results include:
    • 18.0m (est. 9.0m true width) @ 10.2g/t in CADH612 at Calais South, some 75m below the previously reported CADH610 intercept (of 8.8m true width @ 6.4g/t) and 25m below the Calais 50 Lens South resource boundary (Fig. 2).
    • 5.5m (est. 4.8m true width) @ 6.7g/t in CADH630, within the Calais 100 Lens resource (Fig. 3).
    • 5.0m (est. 4.3m true width) @ 6.8g/t in CADH631, on the fringe of the Calais 50 Lens (Fig.2).
    • 2.2m (est. 1.6m true width) @ 20.5g/t in CADH631, within the Calais 100 Lens resource

    Let's just hope Tanque Belo grades improve with depth or regionally.

    Maybe you can tell me what was going on with the selling yesterday, with blocks of 3402 shares being sold about every 5 mins throughout most of the day, gradually pushing the share price up, after a start of day sudden dump from 0.079 to 0.074. Weird sh*t.
 
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