RE: New Milestone: New Carlin-type gold discovery "The Anubis gold discovery is a major milestone for the company as it now confirms the district size potential of the 40 km long Nadaleen Trend, located at the east end of the 185 km long Rackla Gold Belt," states Graham Downs, ATAC's CEO.
A few points:
when I netted out the high grade spikes (.59 meters of 47.6Au and .83 meters of 78.6 Au), I still get a residual grade of 7.09 meters of 10.663Au, which is fairly respectable and shows decent continuity.
It`s a fairly big anomoly with very little bedrock exposure. Their geochem is obviously working well making Anubis a blind discovery (nearly) - geological slueths, these.
It`s too early to say that ``this confirms the district size potential``....the next holes out of this zone will lend vaidity to the statement.
I wonder how Pyramid and the other target are looking?