CDU 0.00% 23.5¢ cudeco limited

pre open news coming, page-60

  1. 30,924 Posts.
    lightbulb Created with Sketch. 174
    Process, the indications are clear that it is not 50m long and 50m wide. Maybe 50m long. But we have one vertical hole with the high concentration within one metre (between 11 and 12m in hole 240) and one hole at a dip of 30deg also one metre wide. So it looks at best, from these two holes, to have a one metre cross section with 655g/T.

    If the hole positions and the drilling are totally accurate, the holes passed through the high grade zone at the same absolute depth (i.e. the lens or vein is level) six metres apart - the length of a Landcruiser. The margins for error mean that the distance between holes could be from zero to fourteen metres. Or, it could still easily be the isolated nugget effect. The two holes could virtually intersect at the high grade zone.

    Much more drilling is required to make anything meaningful from this, and far more accurate GPS measurements - really, this close, they should be using surveyors instruments. Lens and high grade vein chasing has been the downfall of many a goldie.

    Perhaps someone could explain how it is open at depth, when the two holes were both terminated when they were well clear of the min. zone?
 
watchlist Created with Sketch. Add CDU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.