Near Bonanza Grades At 40 m 2018 Peranghi 10 meters at 9.8 gms per ton is a magnificent intercept as are all of the others, showing quite clearly that very high grade lodes exist below the 5 m closely drilled cover.
MMY drilled to 50 m this year, found very good grades , but did not publish the grades, as it was assayed in house .
I mean, how expensive must it be to have those assayed by an independent lab ?
Once again, we see just how poorly current management perceive the reason for a public listing business
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Highlight of the Best Intercepts at Peranggih
| HOLE ID* | FROM(M) | TO (M) | DRILLED WIDTH (M) | ~TRUE WIDTH (M) | AU G/T |
| PGDD032 | 0.0 | 8.9 | 8.9 | 8.6 | 4.29 |
| PGDD040 | 47.3 | 49.9 | 2.6 | 2.3 | 3.37 |
| PGDD059 | 3.6 | 9.0 | 5.4 | 4.7 | 2.42 |
| PGRC006 | 32.0 | 42.00 | 10.0 | 9.8 | 10.29 |
| PGRC019 | 28.0 | 32.0 | 4.0 | 2.6 | 4.86 |
*all holes dipping 60 degrees to Azimuth 270 degrees.
Peranggih is located approximately 10 km North of the Selinsing Gold Mine (Figure 1). It has been identified as a new Gold Field hosting a significant mineralized hydrothermal breccia system. It has 1.2 km strike length with width varying from 25m to 50m, and depth from 40m to 70m. The mineralization occurs in the same regional shearing structure hosting Selinsing and Buffalo Reef deposits. The country rock of argillite, felsic tuff and discreet black shale were highly deformed as observed at Peranggih North’s more exposed area. The shear zone is more pronounced at the boundary of black shale and argillite and these structures are significant for the gold emplacement and deposition and continue to be a prime target for exploration.