G12
The drilling is first pass, and shallow and differentially spaced but generally broad to very broad. Positives
1. widths and grade at this shallow depth are good, and this is probably oxide ore (simple Met prob)[email protected] gpt au, 12m @2.8 gpt Au, 9m @2.3 gpt
2. the intrusive (porphyhyry and diorites)are associated with or are mineralised themselves, and this is a good sign
3. there would seem to be plenty of rheological contrasts within the shear system
4. mineralisation around intrusive contacts.
So in short the system is alive, over a broad area, has sufficient grade and widths to be commercially interesting and is prob simple met.
this is a very good first pass result.
BOSS may have 500k+ ounces down south next to the plant that is going to be built. This can be converted into cash flow without having to go through the pain of building their own plant and equipment, get a lot of financing....
the company is in a good position!
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G12The drilling is first pass, and shallow and differentially...
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