Lets invest based on facts and not hope. RML will be very successful but please do your own research. The target being drilled at Aurora is adjacent and immediately west of the Pogo Mine property, which is owned and operated by Northern Star Resources Ltd. (“Northern Star”). Northern Star has previously reported a gold resource of 5.95 million ounces of gold in a series of veins grading 9.6 grams per tonne gold (Source: Northern Star website). More than four million ounces of gold has already been mined at Pogo, and Northern Star has recently announced a new gold discovery called the Goodpaster deposit a short distance away from the mutual claim boundary. Presently, hole 20AU004 is testing a CSAMT conductive zone on-trend and below the Half-Ounce Gulch prospect (“HOG”). High-grade gold grab samples have been reported from prior workers at this site, and two historic drill holes intersected high-angle veins beneath the prospect. The earlier workers did not have the benefit of the CSAMT data shown, and those earlier holes (MR12-01 and MR12-02) were not drilled deep enough to intersect the shallow-dipping conductive zone that Millrock postulates to represent low-angle fault structures with quartz veining, sulfides, and gold mineralization. The hole is presently at 900 meters depth below surface.Millrock President & CEO commented: “Hole 20AU004 is an exciting hole to drill. We believe the gold mineralization at surface is a good indicator for gold below surface in flat-lying structures. We are drilling through the target zone now.
The setting is very similar to that observed at the nearby Pogo Mine. Millrock postulates that the late diorite body intruded along a westerly extension of the Liese Creek fault, which is known to have played a key role in the genesis of the Pogo gold deposits. Highly anomalous gold-bismuth-arsenic in soil is documented. High-angle gold-bearing quartz veins have been intersected by prior drilling. However, the few holes drilled by earlier workers did not go deep enough to intersect the low-angle, regional shear zone that is known to host gold at Pogo and the Goodpaster Deposit. Millrock believes this structure exists at the Aurora target.
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resolution minerals ltd
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Last
4.1¢ |
Change
-0.004(8.89%) |
Mkt cap ! $22.06M |
Open | High | Low | Value | Volume |
4.4¢ | 4.8¢ | 4.0¢ | $831.5K | 19.41M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 500000 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 209999 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 500000 | 0.040 |
3 | 199358 | 0.039 |
4 | 255430 | 0.038 |
4 | 1302702 | 0.037 |
1 | 17416 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 60000 | 1 |
0.042 | 147200 | 3 |
0.043 | 302619 | 2 |
0.044 | 1409880 | 6 |
0.045 | 1110038 | 5 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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RML (ASX) Chart |