RE: Evening cloggers16 Nov 2024 11:58
Yes compared to collective we are seriously undervalued and when you think of the mines at this world class post code and el pantano for that matter, It's a rather nice portfolio of projects with lithium also in a supportive government and juristisction. Brad does have contacts in Nigeria so he might be using them really wisely at the Nigerian conference. Going back to Anza of course collective have that superb management team and can get finance by clicking their fingers so it seems. Outcrop obviously will be interested as they border the south and there is documentation in the public domain that source of some of the discoveries is on the Anza land package. If we consider the same Tonusco fault that runs through Buritica in the north runs through the middle of Orosur's land package this is why posters get so excited.
"Tonusco continues to the south to the ANZA vein system. The Company thinks that the Tonusco Fault is the source of the gold and base metal-bearing fluids that formed the Buritica veins and the ANZA veins, in second order dilational zones that spay off the Tonusco".
When we consider Lyra/Oribella sandwich Anza situated close numerous gold-copper porphyries, including Titiribi (4.3 M oz Au eq), La Mina (1.6M oz Au eq) and Quebradona (5.6 M oz Au) and epithermal systems including Buritica (3.7 M oz Au), this is why punters get excited.
Royal roads bordering Anza had results such as GUI-DD-012, 303.7 meters at 1.0 grams per tonne gold equivalent[1] (0.8% copper equivalent , including 62.0 meters at 2.1 grams per tonne gold, 12.4 grams per tonne silver and 0.62% copper) GUI-DD-013, 126.0 meters at 1.4 grams per tonne gold equivalent (1.0% copper equivalent, including 55.0 meters at 1.5 grams per tonne gold. 10.8 grams per tonne silver and 0.60% copper) GUI-DD-020, 118.0 meters at 1.0 grams per tonne gold equivalent, GUI-DD-021, 181.0 meters at 1.1 grams per tonne gold equivalent (0.8% copper equivalent, including 43.0 meters at 2.4 grams per tonne gold, 8.0 grams per tonne silver and 0.40% copper).
In very good company and very good hands. A revered poster Ageos recently posted calculations on the Anza package, quoted from 24th October post of theirs (I take no credit for this :))
"For example, in estimating the Indicated Resource of 2.342M oz Au for APTA, I evaluated the available data as being sufficient to allow “a confident interpretation of the geological structure and to reasonably assume the continuity of mineralisation”, a stated requirement within the NI 43-101 Standards for qualification as an Indicated Resource and without which it would have to be categorised as an Inferred Resource. Also the Pepas resource of 873,000oz Au, I would categorise as an Inferred Resource as the drilling to date is insufficient for confident understanding of structure and assumption of continuity of mineralisation. To make such evaluations and categorisations you require the expertise and experience of a Structural Geologist