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……notrex 🤡…….don’t worry , you will be able to keep up your trading style “ buy high/sell low”……..as the SP continues its growth…..🥴
Are you seeing trades we are not?.........only 2 trades over 250k shares this afternoon
Not exactly "largish sell trades that have been dripping through all afternoon".
I think you are trying to create a narrative that is not there.
*We have 10km of the DMS - not 1010km ...lol
Notrex, I think we are all aware you are paranoid and prone to negativity by now ;-)
Notrex, I agree that we don't want any 'meh' results.
We should not be expecting Southern Cross style results either.
As you have pointed out these are relatively shallow drills that are to prove that there is reasonable gold present to enable/inform further (and probably deeper) drilling programmes....or pathfinders as Doc puts it.
Solid results demonstrating gold of reasonable grade with occasional 1 to 3 g/t over the narrow veins would be a success at these depths and at this stage of exploration.
We have 1010km of the DMS so plenty of scope to expand on the results moving forward (and 10+ prospective areas already identified)
I don't expect we will see any bonanza grades (although it would be nice)....and certainly don't think we will see a bunch of dusters as we saw in AH's ill thought out last throw of the dice desperation campaign at Creswick last year.
We just need the company to have some 'there is something here to develop further' results as the current SP level does not have any prospectivity built in at all.
I'm also a little concerned about these largish sell trades that have been dripping through all afternoon - as though somebody has been given a 'heads up'? Maybe me being paranoid - but who can blame me where ECR is concerned eh?
Totally agree
I do rather hope the assay results are not 'meh' - because the way ECR are currently pumping the return of these assays ('hey look here' twitter posts) will backfire seriously unless they can deliver something that can be at least sold as a positive outcome. Fingers crossed time I guess? GL
“First batch from drilling prepared for assay shouldn't be too long before we are out drilling again, in receipt of the appropriate indication of results returned from the latest (pathfinder) drilling at Davey Road 🇦🇺”
Of course you are Paul - sweet of you to offer - I'm very grateful. You have a good Christmas.
I’m more than willing to meet up with you.
…… https://x.com/dds_docholiday/status/1737447256435954115?s=46
Hello Paul, Predictable as ever - you must have been an incredibly boring guy before your age related issues reduced you to a shell of your former self. However, it's Christmas so I'll wish you and the other residents of the Nursing Home a Merry Christmas and Happy New Year.
Yeah unfortunately he has to circle jerk all on his own to play soggy cornflakes with cream!
TS: Many thanks.
……BlackHopper, you are spot on……from 27th August 2019 RNS re whole of the bag testing…….” The results so far have demonstrated significant variability from the original assays, demonstrating that the small sample size can overstate and understate results. Notably the original 44.63 g/t assay from the 2 kg sample from CSR006 (15-16 m) is increased to 63.03 g/t.”
And the signs are good with multiple Nuggets being picked up at surface next to the rig.
https://twitter.com/Share_Talk/status/1736119316032913791?t=xkXjxsRnzcbpddECOf-HjA&s=19
The initial drilling is up to 100m and this will no doubt be evaluated with respect to if it would be favourable for future drilling campaigns to go deeper.
Obviously any gold found at shallower levels would be cheaper and easier to extract so positive results from the shallow drilling would be excellent.
Love the ramping - go ECR go!!! LoL
P.S. Technical question for TS - Are you expecting ECR to drill as deep as SXG?
SXG grades are amazing .
They will definitely fuel greater interest in the region (SXG are our neighbours)
2024 widely expected to be a bull run year for gold explorers as well which bodes well for the progress of the SP combined with the ongoing drilling activity in Creswick and Lolworth drilling due to commence in 2024.
SXG keeps on hit massive gold hits they have a MC120m now
https://hotcopper.com.au/threads/ann-sxg-drills-9-3-m-94-9-g-t-gold-uncut.7759669/
ASX ANNOUNCEMENT
ABN: 70 652 166 795
ASX Code: SXG
Issued Capital: 184.0M fully paid shares
SOUTHERN CROSS GOLD LTD
Level 21, 459 Collins Street, Melbourne Vic 3000 Australia
Justin Mouchacca - Company Secretary
p: +61 3 8630 3321 e: jm@southerncrossgold.com.au
Nicholas Mead - Investor Relations
p: +61 415 153 122 e: info@southerncrossgold.com.au
14 DECEMBER 2023
SXG Drills 9.3 m @ 94.9 g/t Gold (Uncut)
Hosted within 382 m @ 3.1 g/t Gold (Uncut) that traversed 10 high-grade vein sets
Assays up to 1,610 g/t Gold, 12 Intersections >20 g/t Gold
Demonstrates continuity of structure and grade
Rising Sun Area Remains Open with Assays Pending for 15 Holes
Melbourne, Australia — Southern Cross Gold Ltd (“SXG” or the “Company”) (ASX:SXG) announces
the release of SDDSC092, another spectacularly long intersection with extremely high-grades of gold-
antimony mineralisation, including 9.3 m @ 94.9 g/t Au, the third best result on the project to date, at the
100%-owned Sunday Creek Project in Victoria (Figures 4 and 5).
HIGHLIGHTS
• SDDSC092 drilled at the Rising Sun Prospect included 9.3 m @ 94.9 g/t Au (the third best result
on the project to date) and traversed 10 individual high grade vein sets (Figures 1-3) within a broader
interval of 382.3 m @ 3.4 g/t AuEq (3.1 g/t Au, 0.2 %Sb) from 382.3 m (uncut). Twelve intervals
have >20 g/t Au (up to 1,610 g/t Au), 20 intervals have >15 g/t Au and 8 intervals have >5% Sb
(up to 21.2% Sb).
• The hole is a 33 m to 44 m strike extension on the same horizontal level as the previously reported
drillhole SDDSC077B (404.4 m @ 5.6 g/t AuEq (uncut)), which traversed 13 individual high-grade
vein sets (Figure 3).
• Selected highlights include:
o 6.2 m @ 4.1 g/t AuEq (2.1 g/t Au, 1.2% Sb) from 406.2 m, including:
▪ 0.3 m @ 58.7 g/t AuEq (29.0 g/t Au, 18.8% Sb) from 412.0 m
o 11.7 m @ 4.4 g/t AuEq (2.8 g/t Au, 1.1% Sb) from 424.3 m, including:
▪ 0.6 m @ 78.3 g/t AuEq (48.6 g/t Au, 18.8% Sb) from 427.6 m
o 5.4 m @ 6.2 g/t AuEq (6.2 g/t Au, 0.0% Sb) from 604.6 m, including:
▪ 0.6 m @ 51.8 g/t AuEq (51.7 g/t Au, 0.1% Sb) from 609.0 m
o 18.3 m @ 5.0 g/t AuEq (4.4 g/t Au, 0.4% Sb) from 655.1 m, including:
▪ 0.2 m @ 173.8 g/t AuEq (160.0 g/t Au, 8.7% Sb) from 655.1 m
▪ 1.2 m @ 27.5 g/t AuEq (27.1 g/t Au, 0.3% Sb) from 668.7 m
o 9.3 m @ 95.9 g/t AuEq (94.9 g/t Au, 0.6% Sb) from 677.0 m, including:
▪ 1.8 m @ 489.4 g/t AuEq (484.5 g/t Au, 3.1% Sb) from 683.1 m
Prepare for 'whole of bag' samples tested.... fast and dirty RC drilling... look back at 2019 Creswick samples...
Legal... I think you are wrong to dismiss Victoria... entirely wrong. Midas was the wrong tool... Mike knows this and Adam too probably but he just did what he was told I suspect.
Prepare for 100% plus gains from here when you have 2, 3, 4m at 40/60/80 g/T
Prepare for further drilling at Creswick led by pathfinder elements in soil....
Prepare for more asset sales and drilling in Queensland. Multiple fronts.
Prepare for a JV on one asset to be realistic with cash..
Prepare for next raise at .5 or .6 or .8p
Get prepared now..... Happy Christmas and an even happier New Year. BH
Oh dear - seems like 'Bro' Yos is still sulking - no Christmas spirit there eh? LoL
P.S. In England, we end to use the term 'cornflakes' as a catch-all phrase for a breakfast (of whatever iteration) - but I suspect that might be a stretch for your limited semantic abilities to process?
@nosex cornflakes lol that sums you up completely utter soyboy!
The asset sale was a welcome relief for the Bank account - and the SP. I can't really see there being any more big-bang positive news until New Year - although I do believe he said they might even have some assays back this side of 2024? But from an impact perspective you could argue the wisdom either way of a release at this time - and of course that depends on the quality the assays. There has been some good momentum build up recently - it really would be a shame to see it deflate due to lack of news (the good type). However, they can't manufacture good news (doesn't mean they won't try) - but I am finding myself willing the old girl along - c,mon, c,mon ECR - you can do it!! Crikey - and that's after I've only had cornflakes - what will I be like after a Christmas sherry or three eh? GLA (even Kevin - the Christmas spirit eh?) LoL