Not a particularly helpful post, KE can't post here and CB geos don't have access to the same data he has. Neither do the denizens of HC some of whom are not geologically challenged and would like some discussion of the geology aspects they may not be familiar with.
Now all the results are in some observations can be made about an anomaly that is 4 to 5 times larger than Giro (KE in interview).
The best results from scout drilling have been near the colonial workings (Lines 3, 4, 4B).
Elsewhere in this large soil anomaly there is only one very isolated significant intersection (Line 2) with the rest very low or NSR results.
One area on Lines 4 & 4B has spectacular grades but continuity of those grades is not obvious (as someone commented the lack of cross sections makes informed decision difficult).
Holes 29 & 36 on Line 3 are IMO possibly has the best hint at larger bulk potential in fresh rock. These are nowhere near as spectacular as Line 4 results but the more consistent, but still potential ore grade results, are probably going to be followed up... eventually. As is IMO the granite contact the results lines 3 & 4 seem to be following. A relatively large scout drilling programs would be needed to cover this.
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Line 2, as mentioned above, has one hole only with a significant intersection that is surrounded by 'dusters'.
Lines 6 and 7 appear to be complete dusters.
Lines 1 and 5 seem to be missing in action?
There are still large areas of the DM soil anomaly to be tested but given current results only the +120ppb Au areas may be worth testing in the near future. Further scout drilling specifically targeting these would require only a relatively modest drill program.
I suspect BYR geos are looking at these assay results and attempting to see what they mean with respect to the soil anomaly for future targeting.
IMO the patchy 120+ ppb Au, large soil anomalies are possibly related to an eroded laterite profile. The drainage pattern in the next screen shot seems to show the higher level soil anomalies between streams and possibly at slightly higher elevations.
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I have seen similar, albeit smaller, isolated soil anomalies in the eastern goldfields of WA that have been drilled without success and I imagine a series of geos (including me) puzzling about what the soils were telling them. Gold somewhere - but where?, why not the entire anomaly - Mt Monger east of Kal is a case in point - some mines but a huge soil anomaly smeared across 10s of sq Kms.
Another aspect of soil geochem surveys (probably tucked away in JORC appendices of announcements) is how the colonial and artisinal workings could impact on them.
I agree in principle with some of the Cornflake box geos the results are somewhat underwhelming. Also with those same CB geos and the people who point out there remains significant potential at DM but probably not as much as some may have been originally expected from a soil anomaly 4 times bigger than Giro.
BYR SP is down and I take that as some indication the expectation and hype were overdone. Better results are needed to restore confidence in DM which IMO may now take a back seat to the obvious main act at Giro.
Compare the recent DM results to initial ones for the last Panex drilling and BYR's first program at Giro and decide which is preferable for a similar stage of drilling. (Yes Giro drilling is at a tighter density on more significant workings so the comparison may not be too fair).
PANEX PRESENTATION FEB 2014 - PRE BYR BUY OUT
Some screen shots from that Preso:
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Followed by BYR first drill assay announcement Jan 2015
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Lets hope any further drilling at DM, Adoku etc etc produces results similar or better than those at Giro.
IMO I consider Giro on its own sufficient to handsomely reward any who choose to hold BYR longer term. DM and the others could become more significant or just be icing on the cake.
Finally after looking at my small BYR holding in a review of my portfolio I decided to sell. I am happy it was before this announcement and subsequent market reaction.
GLTAH
DYOR
Not a particularly helpful post, KE can't post here and CB geos...
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