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Always puts a smile on my face just looking those "Fare" historical gold grades.
Reminder of why we invested in the first place.
In my view, IAMGOLD would probably carry on with "Fare" follow up drilling in 2021 taking it to the next level, given that "Fare" prospect looks large enough to be a standalone Deposit just on its own.
While ORR go full steam ahead at Bibemi and other licences in Cameroon.
We must get some news this week,I can remember TIm saying that they will have a meeting with Iamgold at the beginning of march to discuss there plans
Same as TruthCaller - 0.6 million of these sat there now waiting for our day to come, still looking to add
Just spent half an hour on the Oriole Twitter going through each and every video Tim has recently delivered On bibemi. He couldn't be clearer, there's clearly an extensive Gold system there, years of rock chip samples and trench samples has proven this. 29 holes drilled, roughly 100m a whole, the assays could really blow things wide open. We already know there is a decent amount of GOLD at Senala, further assays here will compliment it nicely. Extremely happy it's been flying under the radar all this time and still kind of is, LOAD UP!
took a few more while it's all quiet.
dyor
Close proximity can be a brilliant indicator, but previous drilling can be an even better one ;)
· IAMGOLD completed 1,300m AC drilling at the Faré prospect during June and July 2020;
· Recommencement of the planned 10,000m programme later this month;
· Review and recalculation of all historic RC and diamond drilling results has returned exceptional results, including:
o 20.00m grading 31.13 g/t Au from 18.00m, including 10.00m grading 60.98 g/t Au (FARC-00007);
o 10.00m grading 2.34 g/t Au from 50.00m, including 6.00m grading 3.50 g/t Au (FARC-00001);
o 23.40m grading 1.84 g/t Au from 68.60m (FADD-00001);
o 14.00m grading 2.94 g/t Au from 11.10m (FADD-00002);
o 59.60m grading 2.20 g/t Au from surface (FADD-00003);
o 42.00m grading 1.36 g/t Au from 4.10m and 49.50m grading 1.75 g/t Au from 50.60m (FADD-00004);
o 7.00m at 1.31 g/t Au from 14.10m (FADD-00007);
o 7.00m grading 1.64 g/t Au from 17.60m (FADD-00013);
o 5.15m grading 2.92 g/t Au from 170.10m and 10.00m grading 4.12 g/t Au from 192.10m (FADD-00016);
o 19.50m grading 1.08 g/t Au from 93.40m and 4.28m grading 1.02 g/t Au from 146.32m (FADD-00021);
o 23.50m grading 1.41 g/t Au from 6.00m (FADD-00023);
o 12.00m grading 7.09 g/t Au from 18.00m (FADD-00025);
o 4.80m grading 1.38 g/t Au from 63.70m (FADD-00026).
10,000m inbound :)
Literally sit on hands and wait!!
Reminds of looking at the cookie jar and not allowed to open it lol
All the indicators are there for a decent strike / results. Best place to find gold is next to gold mines!!
Very excited & also bloody impatient as well
Yes. Wait can be bit painful.....but hopefully
The fruit should be lot Sweeter....
Hunniford
Like your analogy. We should go straight for the 65" ultra HD 4G smart TV......lol
I hope we’re the annoying neighbours who win the euro millions when its a massive Rollover.
This wait is painful :)
We know the SMSZ (Senegal Mali shear zone) is highly prospective for gold mineralisation as confirmed by many Multi-million ounce Gold deposits all around Senala (list I posted in Feb).
Chesser Resources has confirmed repeatedly high grade Gold mineralisation on the West Side of that SMSZ. Historical drill results from "Fare" prospect have already proven 20 metres @ 31.13 g/t, including 10m @ 60.98 g/t and many others.
Chesser hit over A$90m Mcap about a month ago (c £50m). Current Mcap of ORR at £21m is just insane. ORR also got highly attractive Cameroon licences now with 90% share. ORR is significantly Undervalued. We just need IAMGOLD to give us those drill results.
JDO
Excellent find Sir.
Strong Brew going today....
In relation to Chesser. Hopefully ORR is like our old next door neighbour .....
1. We got a 40" TV they buy a 46"
2. We get 10MB broadband they get 20MB
3. We get an Alpaca they get a bloody Giraffe
You get the gist though. I'm hoping we are the annoying neighbours that always have to be one better!
Agreed - looking very good in the area.
Plus - lots of late large buys yesterday.
GLA
That really cements our thinking. Not a guarantee I know but there’s no better indicators than this from Chesser of what we might have to come. Looking forward to our next rns.
If we can replicate some of these then we should be in a very good spot heading forward. Coming on IAMGOLD!! Give us the assays
I think Chesser MCAP sits at about £45m give or take. Current is AUD 78.9m come on ORR!
Morning all, superb grades there JDO. Excellent find. Orr right in the mix..Makes a superb supporting case for ORR. We're in the same geology.. looks like IAMGOLD won't be able to hardball us. All indicators are there..
HIGHLIGHTS
AREA D
• Diamond drilling confirmed thick shallow high-grade oxide gold mineralisation:
• DSDD029 41.5m at 6.77 g/t gold from 17m
• DSDD028 10m at 7.33 g/t gold from 16m, and 7m at 1.82 g/t gold from 32m
• Diamond drilling also intersected high-grade mineralisation below the oxide:
• DSDD028 9.47m at 3.61 g/t gold from 145m
• DSDD029 2.62m at 6.2 g/t gold from 98m, and 2.0m at 7.88 g/t gold from 110m
• Reverse circulation drilling intersected additional shallow high-grade oxide
mineralisation on the margins of Area D:
• DSR230 18m at 1.55 g/t gold from 12m
• DSR231 16m at 2.69 g/t gold from 30m
• DSR232 10m at 2.73 g/t gold from 6m, and 7m at 1.10 g/t gold from 34m,
and 3m at 2.96 g/t gold from 48m
• DSR234 35m at 3.21 g/t gold from 2m
• DSR235 34m at 1.69 g/t gold from 20m
AREA A
• Drilling at Area A intersected depth extension to mineralisation:
• DSR243 19m at 1.73 g/t gold from 165m
Chesser Resources' (CHZ) latest drilling results have confirmed high-grade gold at the Diamba Sud Gold Project in Senegal, West Africa.
The company has received results from four diamond drill holes and 16 reverse circulation (RC) drill holes across Area A and Area D at the project. Promisingly, the diamond holes have confirmed the thickness and grade of oxide mineralisation in Area D, as well as deeper high-grade intercepts.
Drilling has now been completed over Area A and Area D, with the drill rigs moved to the Western Splay and Southern Arc assets.
The company has received results from four diamond drill holes for 605 metres and 16 reverse circulation (RC) drill holes for 2216 metres.
All holes were drilled at Area D, except for four RC holes which represent the latest results from Area A.
Area D
The Area D drill program was designed to target the extent of the high-grade flat-lying oxide zone and the underlying fresh rock sulphide mineralisation in Area D.
Diamond drilling has confirmed thick, shallow, high-grade oxide gold mineralisation, and results include 41.5 metres at 6.77g/t of gold from 17 metres.
Drilling has also intersected high-grade mineralisation below the oxide at 9.47 metres at 3.61g/t gold from 145 metres.
CEO Andrew Grove is pleased with the high-grade gold oxide and sulphide drilling results at Area D.
"The diamond holes not only confirmed the thickness and grade of oxide mineralisation but importantly the deeper high-grade intercepts will aid our understanding and targeting of the deeper feeder mineralisation below the high-grade oxide mineralisation in Area D," he said.
Area A
The final results from Area A show Chesser intersected mineralisation around 50 vertical metres below a previously reported intercept. Results include 19 metres at 1.73g/t from 165 metres.
Additionally, the results continue to represent priority exploration targets and indicate there's potential for wider and higher-grade mineralisation to exist along strike.
https://themarketherald.com.au/chesser-resources-asxchz-confirms-gold-at-diamba-sud-2021-03-02/