In my view the sellers at the low SP over the last few days misinterpreted the deep hole results. What they showed was the system extends to a depth of over 600meters. At this stage we do not know how much gold there is at deep levels - it could be quite a lot only more drilling will tell us.
Other Fat prophets comments included the following mostly about the deep holes.
”The April released assays from drilling at Crusader-Templar has extended the known mineralised envelope from the surface to a depth of over 600 metres. The Crusader-Templar mineralised envelope has yet to be closed off at depth and along strike.”
”We consider these as very good assays, all round, and continue to confirm the prospective nature of the Crusader-Templar prospect.”
”All four assays returned multiple zones of mineralised, altered and silicified quartz porphyry. The significant result shows wide bands of gold mineralisation and enriched zones”
”NXM has received more assays from shallow and deep drilling at its Crusader-Templar prospect, and the results continue to be exceptional.”
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