RE: morning all12 Jul 2021 21:20
Re: XTR RNS Racecourse, NSW, Australia: Phase 2 Drilling.
Further to what I posted earlier, KINCORA COPPER has just released an RNS/ANN of 8 July 2021.
Kincora Copper is headed by John Holiday, 1 of the 3 GEO*s who discovered CADIA-RIDGEWAY. Kincora*s licence area is WEST of CADIA-RIDGEWAY [Newcrest] and NEARER BODA. XTR are on the RIGHT of CADIA-RIDGEWAY from the map of the Lachlan Fold.
IN DIAGRAM 6, Kincora*s assay results may be of interest as to what the LACHLAN FOLD, NSW, AUSTRALIA produces NEAR CADIA-RIDGEWAY. I cite ONLY the COPPER GRADES given XTR*s Racecourse is mainly copper:
"14 - 44m @0.2gt gold & 0 . 1 2 % CU COPPER,
14-0.1 0 % cu copper.
11- 74m @0.4% cu.
8 - 87.7m @ 0.1 9 % cu
1- 51n @ 0.54% cu
1- 18 @ 0.005% cu
8- 19m @0. 2 1% cu
[Right Side]
7 - 39m @ 0.03% CU
7- 39M @0.034% CU
The rest at 12 - 29m @ 0.10% cu.
14 @44m @ 0.12% cu
[Left Side]
LINK: https://www.kincoracopper.com
"Ref: Kincora Copper of Australia: Exploration portfolio drilling update." - 8 July 2021 RNS/ANN
Kindly check as I only took notes and there may be errors in copying. INDUSTRY NEWS . As I said, its difficult to produce something that is not typical Lachlan Fold, NSW, Australia that is CLOSE TO CADIA-RIDGEWAY, XTR*s neighbour. Perhaps, XTR may find the better grades in the licence as can be common to big licence areas but as of now, these are the GRADES? DYOR.