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Bonanza grades! One thousand, three hundred and five grams per tonne over 0.8m!
Bonanza grade intercepts
1,305.4 g/t Au and 614 g/t Ag over 0.8m
159.5 g/t Au and 120 g/t Ag over 5.0m
51.1 g/t Au and 84 g/t Ag over 2.4m
63.4 g/t Au and 448 g/t Ag over 0.8m
37.8 g/t Au and 94 g/t Ag over 1.8m
Other significant intercepts
32.3 g/t Au and 102 g/t Ag over 10.6m
32.4 g/t Au and 204 g/t Ag over 1.7m
16.2 g/t Au and 335 g/t Ag over 3.4m
18.4 g/t Au and 519 g/t Ag over 2.6m
15.1 g/t Au and 225 g/t Ag over 2.9m
14.7 g/t Au and 37 g/t Ag over 2.6 m
10.7 g/t Au and 14 g/t Ag over 3.3m
In June 2020, TSG announced a new JORC-compliant Mineral Resource Estimate ("MRE") for the Asacha Gold Mine. The combined V25N and V25S mineral resources totalled 7.0 tonnes of gold in the Indicated category at an average grade of 18.5 g/t Au and 1.8 tonnes in the Inferred category at an average grade of 13.7 g/t Au.
Together, V25N and V25S comprise an almost continuous gold zone 1 km long, located less than 1.5 km from the Asacha Gold Mine and mill that have been in continuous operation since 2011.
"Since the publication of that MRE, multiple high-grade gold and silver results have been returned. When these results are combined with the new exploration data generated, we believe there is significant potential to upgrade the JORC-compliant MRE, which is expected to be commenced at the end of this year."
Since the publication of the MRE in June 2020 , the Group has drilled 31 new holes totalling 10,350 metres on V25N and in the past 12 months a total of 116 holes (32,400 metres) have been drilled on the Asacha license.
Drilling is expected to continue for a minimum of 12 months. The main objective of the next phase of drilling is to improve the definition and delineation of Vein 25 in order to increase the size of, and upgrade the category of, the resources to higher confidence categories. A series of step-out drill-holes in the North and South far extensions of Vein 25 and a series of other high potential targets on the license area will be drill-tested in the next few months.
Underground development in the upper levels of V25S produced 22,740 tonnes of ore at 19.9 g/t gold. This bulk sampling confirms the consistency and the low nugget effect of the gold in this part of Vein 25 and "is a good indication of good future recovery in the rest of Vein 25."
According to the COO states TSG will provide an updated JORC-compliant Mineral Resource Estimate statement at the end of this year, incorporating all new drilling results and exploration data.
That's a really good grade report. Would normally have pushed the price up, but markets very poor, which I guess has been on the cards for Q4 after the inceases we've seen and the Covid cases lock hold again. I'm guessing the Dow is going to have a rough couple of weeks. Aside from all that, this would be a good long term investment, but keeping eye on markets for now I think
These are really good grades (one short sectio at 1 kg per tonne!) and the adit is only 50 yards away. This is one of my favourite shares too.
There are back now. They must still be having technical problems with the chat boards.
Have some posts been removed?
I have very high hopes here. One of my favourite stocks in my Portfolio. Great potential for 150 p plus imho
Eugene Antonov, COO of Trans-Siberian Gold commented:
"We are excited to report the high-grade drilling results from our ongoing drilling campaign “
Excited 1304.5g/t Au .........I’ve wet myself
"we believe there is significant potential to upgrade the JORC-compliant MRE, which is expected to be commenced at the end of this year."
https://www.investegate.co.uk/trans-siberian-gold/rns/drilling---exploration-update/202010280700044043D/