RE: Current drilling12 Dec 2020 10:53
APTA area had 2 gypsum mines in the past with all environmental permits in place. That is where they drilled about 17,400 metres plus 6,300 metres at Charrascalla. High grade results from previous drilling at APTA and Charrascalla below being the highest. There are many other high grade readings over +10g/t
(quick recap for new investors here).
219 g/t
176 g/t
72.3 g/t
70.99 g/t
58.03 g/t
45.62 g/t
40.37 g/t
40.25 g/t
29.49 g/t
20.89 g/t
Not seen these kind of high Gold grades in a long time.
So obvious choice to restart drilling would have been around both APTA and Charrascalla zones with a view to expand on the much wider mineralisation area on top of what they already drilled in the past. From last info, mineralisation is Open in all directions and at depth. I think they drilled upto 275m at depth last time. So they could go even deeper now with the High tech equipment brought in by Newmont & Agnico who already know the area. There is lot of area still to drill to keep them busy at APTA and Charrascalla while permits for Juestas, Guarimala and La Cejita are sorted which could be much sooner as they want to fast track drilling through out ANZA
APTA and Charrascalla estimated to have around 4m oz but with current drilling ongoing, that +4m oz figure could be revised higher.