TSXV:AUN.H - Post by User
Comment by
Cokedrunkon Oct 26, 2007 3:41am
274 Views
Post# 13694419
RE: Anyone consider ?
RE: Anyone consider ?The announcement of a very aggressive drill program is very positive. To I am predicting that the 400M drill program that was completed has increased the historical resource by a bit.
Remember there were four drill holes that intersected a length weighted average thickness of 11.82 meters grading 162.5 g/t silver, 2.57% zinc, 1.28% copper and 0.43% lead. All drill holes hit mineralized zone and 93.77/400M section of the drill program too. Which is very positive in my book, also they discovered two new zones with the last drill program. Why would they throw bad money if they didn't think they could prove a much bigger resource than the historical.
If the agressive drill program was completed and we get the same average of mineralized zone to drill length, we could be seeing 15,000M X 93.77/400M= 3516M of mineralized zone.