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Peter 11:"Personally, I was disappointed with the results. Tiny...

  1. 313 Posts.
    Peter 11:

    "Personally, I was disappointed with the results. Tiny Interceptions (6-12m) and 150m below the surface which is extremely deep."

    Peter, and others questioning depths, these drill holes were to confirm the presence of magnetite and that these anomalies are the extension of Southdown. Confirmed.

    Drilling is normally done at an angle 45-60 degrees, and while it isn't clear here, assume the hole was drilled from outside the potential deposit to insercept at depth.

    If you read through the ann more closely you will notice they deliberately tested to this depth, and will now test closer to surface to test cover.

    Also, go back to check GRR's early drilling to get an idea of their holes and intercepts, some lower than 150m.

    There's some good pictures of this on ASF.

    Rediculously undervalued multi mineral developer this one.

    Max.
 
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