The first drill hole was designed to test structural and geophysical signatures similar to POGO. Highly encouraging results were identified.
Hole 20AU002 was suspended due to COVID-19 safety concerns about a third of the way to the planned depth of 600 meters. The hole was targeting a conductive zone near the interpreted position of faults thought to be mineralizing pathways. Though this hole never reached the depth of the target, several quartz veins with anomalous gold values were intersected.
Both holes encountered anomalous gold along with bismuth, arsenic and tellurium indicative of Pogo-style mineralization.
Whats next is what i believe is a game changer for the 20 million market cap exploration company with a encouraging potential of a POGO style gold system?? Vector in on zones that contain higher grade gold deposits.
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