Paterson Province 2018 and future, page-20

Thanks Paddy,

A bit of deja vu for me and good to read that I am basically on the same page as folks who have actually seen the core, are much better read and succinct than me. Direct link to report:

havieron sprott first eq jan 2019 report site visit.pdf

A brief "biased" summary.

• The tone is quite positive.  At best I would take that to mean observations of core for holes 6-9 show some, if not all, have some copper sulphides present.  If the Cu/Au relationship seen in the good holes 1 and 5 are maintained then there is likely to be some positive results from these holes.  Lack of specific details probably relates to reporting requirements for GGP.
• Havieron reveals strong similarities to Telfer (Pages 1 and 2).  
• They mention bedding parallel and discordant veins plus the breccias all of which occur at Telfer.
• IOCG affinities are basically lacking with a good table (P3) provided to support this observation.
• They calculate a preliminary gold equivalent resource of 1.5-10M oz Au Eq (Page 4).  The use a cylindrical (pipe like) model with a radius of some 80m to come up with this estimate - note lots of disclaimers attached and mineralisation is open in most directions and to depth..