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MultiMetaVerse Holdings Limited V.MMV


Primary Symbol: MMV

MultiMetaVerse Holdings Limited is a holding company principally engaged in the animation and entertainment industry. The Company conducts its business primarily through subsidiaries, including Shanghai Mi Ting Culture and Creative Co Ltd and its subsidiaries Shanghai Ling Xu Technology and Beijing Mi Ting Technology Co Ltd. The Company primarily develops and publishes animations, mobile games, and other contents offerings such as anime merchandise, and also provides animation production services to other animation and gaming companies.


NDAQ:MMV - Post by User

Comment by gumspiton Jan 28, 2020 7:47pm
207 Views
Post# 30611404

RE:Drill hole nomenclature

RE:Drill hole nomenclatureHi wadeja....when looking a a drill hole using ST1911 as an example, the ST stands for Standby Mine Trend, 19 is the year in which it was drilled and 11 is the chronological next number from the previous hole drilled. Like counting from 1 to 9 in the year 2018 where they drilled 9 holes and when drilling resumed in 2019 # 10 hole was the next one then 11 and so on. The branch holes of 11B, 12, 13 etc are drilled from inside hole @ 11 the trunk hole using the directional drill.... they are not drilled from the surface.
Now if they have plugged Hole 10 and hole 11 it would mean to me those holes are done drilling or done drilling for now and drill removed and hole has had a plug put in it.
From ther news releases they were last drilling and finishing hole 13 (a branch hole) then when completeed they would release assays some time after that. They took a lot of samples and sent to lab, 250 or so, going to get those assays then they said in news they would do down hole geopyhysics eith a electro magnetic survey in hole #11 to target next branch holes is my understanding. 

This may help explain from the press release.........................

The Company’s Phase 1 drill campaign completed in 2018 consisted of nine (9) holes totaling 2,937 meters (9,637 feet). This program was successful in intersecting broad intervals of economic “Upper Tail” gold mineralization within the East Limb Structure to about 500m down plunge from the historical Standby Mine. The “Upper Tail” gold mineralization from surface to 500 meters down plunge averages 24 m in width with grades up to 3.36 g/t Au but locally with high-grade gold concentrations of up to 9.80 g/t Au occurring withinclassic Homestake-style quartz vein-hydrothermal chlorite breccia with quartz flooding, 3-15% coarse-grained arsenopyrite and 3-7% pyrrhotite.

A directional drill program was initiated in early October to test the down plunge length of the East Limb Structure. Based on 3D modelling of the Company’s airborne magnetics, surface geological mapping and the control provided by several historic deep holes completed by Homestake Mining in 1986-87, this structure is of sufficient scale (i.e. multi-kilometer plunge length of structurally thickened, sheared iron formation) to host a major gold resource.

The Company’s primary focus in early 2020 will be to define the limits of Target 1 down dip and along strike with several short offset holes cutting across the East Limb Structure supported by downhole EM and to test the high gold mineralization intersected by Homestake in 1986 at approximately 1500 m down plunge.



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