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Thanks Iceberg , that is a very useful map. And of course that drill is heading north northwest direction which I'm thinking extends the reach of the porphyry as previously envisaged?
thereby potentially giving a significant boost to the dimensions of an already large deposit.
If this Drill 5 was 80m into mineralisation on monday morning and is still turning now saturday morning at say 70m per 24 hours then thats's 430m mineralisation so far, estimate.
and many thanks Cygnus for the data breakdown, I had to significantly widen my spreadsheet columns when putting in slightly better assumptions :))
I've used sentinel sat data which passes roughly once a week to try and determine the location of hole 5.
I tentatively think it's here http://icebergshares.blogspot.com/2021/03/xtract-hole-5.html?m=1
Sorry for using my blog but it's a useful place for pictures, which lse don't allow.
>> what is the nearest town
Black Springs looks the closest. However, it is not much more than a hundred miles from Sydney, which gives you an idea of the amazing location. This is not a porphyry in some hard-to-reach part of South America. Its in a great location in a very mining-friendly jurisdiction, which adds a lot to the potential economic value.
Rem Shiny happy people
Rem winding - reminding.
Thank you for rem winding me about this...I remember looking at just before I invested for my DD. But with the obvious bigger size of the asset now it's more intriguing.
The 150m in length workings to the East is interesting, it includes a settling pond and looks to be worked from a 10m or so small cliff to the east.
So gold....at surface...
I wonder if our geos have investigated that area as a top outcrop of a good rich\richer intrusion alteration?
I wasn't in favour of a second rig, but I would be happy to have a placing at 7p to raise 3-4m to put a few holes 500m or so to the East and south, then foot before finishing with some infill drilling....
Shorn - not sure why only part of the url was captured by the hyperlink! If you copy it all and paste it into the url box and hit enter, then it should take you straight to the site... the end of the url is the coordinates.
@stevemocal
This fellow saddo can't find the location on the satallite map - what is the nearest town ?
ATB Shorn
Except Saab the symbols are going to be the jackpot symbols!
Good luck all.
When this all comes together as you describe, I get a picture of the old style fruit machines in the amusement arcades, you pull the lever and the first cherry lines up, then another cherry lines up, and when the final cherry lines up we hear a kerching as the money drops. With all things lining up here, surely we are waiting for the inevitable "kerching"
I don't know if anyone has posted this before but I wanted to take a look at the site where our drill team are starting to uncover a copper and gold monster for us. It is amazing how close to civilisation it is, with a road literally running right past it! A find in a mining friendly juristiction, with established infrastructure, in a stable country and with the resource sitting relatively close to the surface and easy to mine. Could it be much better?
For the fellow saddo's who want to take a look... https://satellites.pro/Australia_map#-33.841382,149.685960,15
This is what you are looking for... https://www.rns-pdf.londonstockexchange.com/rns/8229M_2-2021-1-25.pdf