RE: Read RNS / Fau RNS!30 Jan 2026 08:47
“ drilling of eleven holes for 1,570 metres. the first two holes drilled intersected wide zones of gold mineralisation of 29m at 1g/t au and 8m at 2.6g/t au*, which supported hamak's previous best intersection of 20m at 7g/t au. subsequent holes targeting certain structural features have however failed to intersect any meaningful mineralsation with low tenure gold returns only. ”
so in 1570m they found 29m at 1g/t and 8m at 2.6g/t. ****ty grades, small intercepts and no indication of what depth. so good that they were happy to hand back the keys at a loss.
some people will find rainbows in every cloud.