Good Post4 Dec 2018 15:31
sicilian_kan: HAD005 reported 239m of visual mineralisation. When the assays were announced later, they declared 275m at 5.75g/t gold equivalent. Identifying the visual mineralisation was therefore fairly accurate. This is even more impressive when looking at the matched depths. - Report of visual mineralisation from 458m to 577m. Gold was later found from 459m to 577m at 3.08g/t and 0.84% copper - Report of visual mineralisation from 782m to 822m. Gold was later found from 660m to 817m at 6.04g/t and 0.44% copper Now let's look at today's RNS and compare that to the 239m of visual mineralisation for HAD005: - HAD006, visual mineralisation reported of 363m, i.e. 50% bigger than the world class HAD005 - HAD007, visual mineralisation reported of 237m, i.e. similar to the world class HAD005 - HAD008, visual mineralisation reported of 90m, i.e. not far off the excellent HAD001's size of 121m - HAD009, which is 100m to the South even at depth, had visual mineralisation reported of 227m, i.e. similar to the world class HAD005 All in all, it looks very promising. We do not know grades and they may of course not be as good or as consistent. We will have to see. But I think all holes will have large amounts of gold in given what we now know. I would say we have moved from risk on [risk of a dud hole] to risk off and am a buyer.