SDD189 is 10 times higher grade over 11m than the 18 prior regional UG holes and include a whopping "world class" high grade strike of 1m @ 1,176.99 g/t Au from 225m
In the latest announcement they outlined the current and prior Smarts UG drilling results which they themselves describe as "spectacular":-
"Of the many mineralised intersections within the SDD189 hole, best ones include:
• 11m @ 131.93 g/t Au from 223m including:
o 4m @ 352.78 g/t Au from 224m
o 1m @ 1,176.99 g/t Au from 225m
• 14m @ 8.39 g/t Au from 248m
• 6m @ 7.56 g/t Au from 209m
• 2m @ 24.49 g/t Au from 141m
• 25m @ 2.70 g/t Au from 171m
The first intersection noted above is significant in that it represents the highest metres x grams product (gram-metres) so far received at Smarts, exceeding the previously announced hole SDD188.
Significant intersections from the current and previous drilling programs are set out in the following table:
TROY RESOURCES ASX ANNOUNCEMENT Drill hole From (m) To (m) Length (m) Grade (g/t) Gram-meters
SDD189 223 234 11 131.93 1,451
SDD188 273 287 14 13.74 192
SDD186 173 192 19 9.15 174
SDD183 168 200 32 4.29 137
SDD183 251 262 11 12.36 136
SDD128 207 227 20 6.60 132
SDD183 290 298 8 15.50 124
SDD189 248 262 14 8.39 117
SDD009 195 204 9 11.34 102
SDD025 300 311 11 8.62 95
SDD187 305 331 26 3.58 93
SDD034 235 243 8 11.24 90
SDD125 273 287 14 5.28 74
SDD187 384 394 10 6.79 68
SDD134 327 337 10 6.34 63
SDD185 208 220 12 5.10 61
SDD185 249 259 10 5.99 60
SDD184 230 239 9 4.93 44
270koz JORC resources and sharply growing higher with over around 20 drill holes over many years (inc 2 new ones released this month) doesnt seem flacid to me.
Mr Ken Nilsson, CEO and Managing Director of Troy, said today: “Throughout my career, which has spanned multiple mining operations across multiple continents, I have only once previously been involved in the drilling of a hole with results anywhere near as spectacular as those from SDD189“
TRY Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held