RE: What's SWAG ?20 Dec 2020 06:45
Noun:
- a suspended wreath, garland, drapery, or the like, fastened up at or near each end and hanging down in the middle; festoon.
- a wreath, spray, or cluster of foliage, flowers, or fruit.
Verb:
- (used without object), swagged, swag·ging.
- to move heavily or unsteadily from side to side or up and down; sway.
- to hang loosely and heavily; sink down.
Verb:
- (used with object), swagged, swag·ging.
- to cause to sway, sink, or sag.
- to hang or adorn with swags.
Abbreviation:
- Scallywag: The Scallywag licence (E45/4701, formerly known as Havieron) is 100% owned by Greatland and sits adjacent to Havieron JV and Juri JV. The main prospect lies approximately 6km west of the Havieron prospect within the Havieron mining lease. Newcrest retains a right of first refusal over the Scallywag licence under the Havieron JV agreement.
Four high-priority drill targets have been identified from a review of IP, gravity and magnetic data:
Kraken: A high intensity ‘bulls-eye’ magnetic anomaly with the same amplitude, character and depth extent as observed at Havieron. IP results indicate a strong chargeability anomaly coincident with the Kraken magnetic anomaly.
Barbossa: A large 2km by 1km residual gravity anomaly located in a structural corridor 3.5km west of the hinge of the Scallywag dome. Barbossa has semi-coincident gravity and IP chargeability anomalies.
Blackbeard: An elongate 2.6km by 400m ultra-high intensity magnetic anomaly with a coincident moderate amplitude gravity feature. The IP chargeability response at Blackbeard is observed over 800m of strike.
London: Located in a gravity low interpreted to be an intrusive rock within the hinge zone of the Scallywag antiform. The London target IP response is seen over 400m of strike as discrete chargeability anomalies.
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