RE: News31 May 2024 14:08
--------RRR KILMORE, BERRINGA vs Southern Cross Gold[SXG, ASX] Mkt Cap £289m [A$545m+]---
Helpful-YAHOO, thanks. I was didnt check RRR's drilling in metres vs Southern Cross Gold [SXG] on the ASX drilling in metres. YES, I finally found not just a view BUT RRR-POW TECK GEO's MAP wherein "SUNDAY CREEK MINERALISATION" EXTENDS TO RRR KILMORE.
It is NOT ONLY EXTENDS but [1] If one were to look at RISING SUN, Sunday Creek, it had EVEN HIGHER gold grades than APOLLO, the other deposit GOING EAST. So, Rising Sun is GOING WEST and closer to the border to RRR Kilmore.
By car, Kilmore is 14 mins from Kilmore and both were gold towns. However, IT APPEARS THAT THE "SUNDAY CREEK " TREND AT RRR KILMORE IS QUITE CONSIDERABLE and IF, Rising Sun's other twin lies just across the town border to RRR Kilmore, it is possible that the deposit could be what in geology is called a "SATELLITE" deposit or in theory even could be the "MAIN deposit." ?
You provided a whopper in that "THE DYKE " MAY EXTEND TO RRR BERRINGA . I quote your verbatim: "Very interesting, IF all that is confirmed and accepted it gives RRAL real issues about VALUATION for any upcoming IPO: too high parties walk away, too low and people squeal about being robbed. Consequently, it might slow things down a bit." Also, you provided RRR drilled 1k drilling vs Southern Cross 10k drilling.
My Comment:
I must inform now that I tweeted the RRR TECH GEO REPORT OF THE GEO MAP OF "SUNDAY CREEK@SOUTHERN CROSS GOLD, MKT CAP A$545m on Twitter and included "#RRR" as it is relevant. I also provided from HL the original RNS/ANN of the new AUSIMM presentation of RISING SUN CLOSE TO THE BORDER OF RRR KILMORE. So, taken together, it is PROOF geologically from the GEOLOGICAL MAPPING that "SUNDAY CREEK" TREND [min] "EXTENDS" into RRR KILMORE, the 1st gold mining town to Sunday Creek. I also SENT THIS TWEET WITH 2 LINKS IE PROOF to [1] SPROTT [2] RICK RULE who is invested in Paul Johnson's POW and earlier in Metal Tiger. [3] Southern Cross on Twitter. [4] David Lenigas, Stategic Advisor to RRR and [5] Paul Johnson, Founder of POW , the JV partner to RRR at Kilmore.
I dont just sit around and since I think that Southern Cross Gold, ASX has a whopper Mkt Cap just for Sunday Creek for a exploration target of 1.6moz equiv, then RRR with the nearby is of interest. Costerville [will check the name again] had 2moz gold and it was a mine just above RRR Kilmore and Fosterville 8.2moz gold. So, all good since RRR Berringa + Kilmore is a DIFFERENT PROPOSITION ALTOGETHER , rather than just Berringa . AH, SO, THANK YOU THAT IT HAS BEEN PUT TO THOSE IN CHARGE and to Aussies. Hoping for the best. News, 31.5.24. Thank you, best news today, Helpful.