RE: "Southern Cross drills best intersection todate at SUNDAY CREEK."-["4,190 g/t gold"] RRR is next door at Kilmore.1 Jun 2024 05:04
If anyone has difficulty accessing these links, I looked up words from the second one and typed them into my browser, it is obvious this relates to reports by the geologist leading the New Ballarat research for POW / RRR.
From what I can tell, good grades have been inferred and I think it is based on areas of previous production, not the same stupendous ones as of yet. If it is nuggets, then it is distinctly possible that there could be huge grade gold in parts that haven't been mined (or even in areas that have?) probably wouldn't be continuous but there could be very valuable patches and if there are enough patches... or perhaps if the continous stuff, if New Ballarat has some.. is commercial enough to back up search and extraction for nuggets.
That above was a simple explanation of nuggety gold adapted from explanations of nuggety gold by the boss of Alba Mineneral Resources and remembering he explained some of the Canadian gold mines are like that.
Nothing is guaranteed with nuggedy stuff because its patches are hard to find, even if it is there, but modern methods help. News is referring to a relative neighbour and the vastly higher grade compared to the high but lower grade from known areas of work in New Ballarat intertests does not diminish their validity and they retain further potential.
Hepful and News, feel free to correct / clarify what I said, as appropriate.
Thanks...