Deep diamond drill hole at Burns should reach top of magnetic target at a down-hole depth of 175 metres in the next few days. Multiple early stage shallow holes around the current diamond hole (and above the magnetic target) reported wide bands of copper gold mineralisation starting at around 23 metres.
Highest grade hit included DH28 with 3 metres at 16.1 g/t gold and 0.5% copper at a depth of 38 metres. Biggest width hit included 50 metres at DH16 with 0.9 g/t gold and 0.5% copper from a depth of 24 metres. Shallowest hit at DH03 with 6 metres of 4.9 g/t gold and 0.4% copper from a depth of 23 metres.
All of the mineralisation reported in these shallow holes appear to be "fed" by a deeper magnetic source.
This could get very interesting very quickly. Good luck to all longs.
ORS Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held
