RE: "2024 is our Year of Discovery"10 May 2024 15:55
On reflection the observations about grades at depths is missing some important points. The drill was designed to intersect 7 or 8 shear zones, going right to left so some of the intersects were always going to be deep. Because its only a single drill the results don't tell what the grades are above the intersection point to the surface, therefore there's a lot more gold than indicated. eg 1m @3.1g/t from 156m, is that part of a shear zone & what are the grades vertically above to surface? In hindsight KAV might have drilled a second hole left to right & I think Lobo Tiggre picked up on this 3 weeks ago...from KAV's point of view it was a limited scoping drill campaign but Lobo raised a good point. Note drills rarely go vertically because it gives less information.
The artisans are targeting much shallower free gold & as BT said historic grades c12g/t .A lot of that material will have been mined but KAV clearly thinks there's potential & want a follow up bulk sample.
Its quite difficult to come to any firm conclusions from this drill other than gold mineralisation has occurred within the shear zones, grades were reasonable but a lot more drilling (June) is required. KAV have 3d IP resistivity & chargeability models & aligning these with the drill results will give a good indication where to drill next.