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Kevin: Did you take your meds today?
..................don't forget to vote..........https://twitter.com/DDS_DocHoliday/status/1708105252430356690
TS: You're wasting your time with Kevin - you must know that by now? The poor lad is rapidly entering fantasy land - facts such as the precursory negotiated agreements (or not), logistics, weather, topography etc. (i.e. reality) have no bearing on the drivel he posts.
It's not going to happen Tamer, it takes two weeks to lay the drill pad and then there's creating the access road. Besides, would you rather they went straight in with the drill or take their time to identify targets?
FFS Tamer, What idiot would plough money and effort in to starting a drilling campaign in to a project that may be cancelled within the next 4 weeks?
If the BOD started drilling before the signing of the deal then they would get absolutely hammered both on here and in the SP after preaching that they would take a more prudent and informed approach.
You are really starting to look silly now!
Take the good win today of the commercially viable grades and renegotiation of the deal so that it reflects the future potential of hurricane and stop with these outlandish ramps/ predictions, based on nothing, which distract from the facts and do more damage than good.
…….who says drilling cannot happen within the 4 weeks
Tamer, It takes many weeks to identify and plan a drilling site, then get the drill onsite and operational.
Given that it could be a month before a deal is finalised for Hurricane there will not be enough time for a drilling campaign to be formulated and executed, and they sure a hell won't put those plans in place before a deal is signed.....
....so Yes I can say that for sure
............you know that for sure do you TS?!..........the latest rock chip results will back up the LIDAR survey. Why not get a couple of holes drilled, something to discuss over the Queensland rainy season
Kevin: Try to calm down - you're getting overly excited again!
...........0.36p gone
0,34/0.37
atm
Tamer....No , there will be no drilling this year
TS: That title should please you - as I have no problem accepting that 2g/t grade is commercial - albeit at the lower end of that spectrum (which I note you do not challenge). They are not however 'huge grades' - as being ramped this morning - nowhere near in fact.
I'm also pleased the BoD have come out with an update on Hurricane - although as yet we do not know the final outcome - but it does seem that it is still within the ECR orbit. Was the original deal done at AH 'mates rates' - I guess we'll have a clearer idea when the final deal is announced (if indeed a deal is done)?
Overall a good news RNS - but we're a very long way from the end of any rainbow yet!! GL
..................have we got an extension so a few drills can take place before the rains come?
............like I say it is already a cracking deal, but it looks like ECR want to do better....... "Discussions to date with the vendors have also set an expectation that ECR will propose revised terms and conditions to the option."
Very encouraging, some potentially nice grades in there. Lots of "ifs & buts" , but feels as if both parties are keen to get something done here.
Key 4 weeks coming
............so it seems that Haythorpe has NOT taken the Hurricane project with him, the narrative the trolls were pushing
Notrex, The thing you are failing to grasp is even if the grades are from the 'lower end' of mines as you claim....They are still commercially viable grades.
You must vbe happy as you were worried about the BOD being secretive and not open abour Hurricane and now they have laid out where we stand.
Reviewing/Revising the agreement is sensible as we don't know if the terms agreed by Ah were at 'mates rates' and now we have more information about the potential we can see if the proposal needs amending in line with the market and the potential. We will see at what level that revision is and if it is acceptable to both parties.
The Holmes vein is the dominant vein system at the Project. Not only is gold present within the vein, Antimony (present as Stibnite) is visible and has been seen numerous times in outcrop. The Holmes vein consists of at least two main quartz stockwork zones up to 10m wide and is bounded on the western edge by a shear zone up to 1m in width and can be traced along strike for at least 300m. The best Antimony values are obtained close to this shear. To date, ECR has only received the results for a limited number of surface outcrops sampled, with these situated adjacent to and along strike of the shear zone. Best results include 8.19 g/t Au and 7.67 g/t Au and Antimony values up to 29% (290000 ppm Sb).
A gold equivalent value has been calcuThe Holmes vein is the dominant vein system at the Project. Not only is gold present within the vein, Antimony (present as Stibnite) is visible and has been seen numerous times in outcrop. The Holmes vein consists of at least two main quartz stockwork zones up to 10m wide and is bounded on the western edge by a shear zone up to 1m in width and can be traced along strike for at least 300m. The best Antimony values are obtained close to this shear. To date, ECR has only received the results for a limited number of surface outcrops sampled, with these situated adjacent to and along strike of the shear zone. Best results include 8.19 g/t Au and 7.67 g/t Au and Antimony values up to 29% (290000 ppm Sb).
A gold equivalent value has been calculated by converting the present price of Antimony to the equivalent value in g/t Au. The estimated equivalent value being 3 g/t Au for every 1% Sb (Antimony), and this calculation is similar to the current formulae used by other Australian producers of Gold and Antimony. This would convert the best Antimony results to 31.3 g/t Au and 30.13 g/t Au Equated by converting the present price of Antimony to the equivalent value in g/t Au. The estimated equivalent value being 3 g/t Au for every 1% Sb (Antimony), and this calculation is similar to the current formulae used by other Australian producers of Gold and Antimony. This would convert the best Antimony results to 31.3 g/t Au and 30.13 g/t Au Eq
……. https://x.com/ecrminerals/status/1708729310876463332?s=46
Morning Kevin - I hope you're feeling better today and you've regained control of yourself?
Unfortunately, the RNS does not say there are revised conditions for Hurricane - it says that during discussions they have endeavoured to set an expectation they will propose them. Just because ECR propose revised conditions does not mean they will be accepted. You're jumping the gun - as usual. Like I said to IG - let's keep it real eh?
If there is a nice fat vein over 300, 400, 500 metres at 20-30g per ton then that I assume will get you excited... ( oh god, I'm addressing the troll... sigh)
Nice to see the new team taking their time to make a reasoned decision on next steps.
….. excellent, revised terms and conditions! It was already a cracking option
Good morning boys and girls (and Kevin):
Q. What is considered high grade gold ore? A. Gold ore density is measured by grams per tonne or g/t. Higher-grade mines have densities of 8.0 to 10.0 g/t, while lower-grade mines have densities of 1.0 to 4.0 g/t.
Let's keep it real IG (I know you have to earn your crust here as a contract ramper) - 2g/t is at the lower end of the grades coming from lower-grade mines. These might be 'really, really good' by ECR's previous efforts - which to date have been abysmal (hence the gutter SP). However, by commercial standards they are at the lower end of grades coming from lower-grade mines. It's a good start - but don't try to fly balloons - I'll just shoot them down.
Have a good day.
28 holes above 2g/t Gold grades. Thats really really good. VERY positive in fact