re-reading the Purdy's exploration update, they are showing gold from the 2nd and thrid conglomerate zones, no mention of the first, so im guessing 2 seperate layers of gold rich conglomerate? would be handy to know, by the sounds of things the samples with great resluts where from the 3rd, very bottom conglomerate zone? the one that that had low grades only says 40cm above, they really should till us if it's 40cm above the basement rocks them selves of 40 cm above the cut off point of where the rich sample was taken? and perhaps if it was still in the 3rd conglomerate zone or up into the 2nd.
Either way i think we all know 300kg samples are not a good measure of a nuggety system what so ever, bring on the 20,000 ton bulk.
My prediction the novo and US arv drop will see us fall 10-15% but on very low volume today, but i hope im wrong. i hope ARV can get out Cobalt JORC and NOVO can at least get us that 3 ton sample before everyone returns from holidays to see their stop losses raided and a domino effect :/
ARV Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held
