GREY:ADEXF - Post by User
Post by
HVAN1on Oct 26, 2012 10:10am
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Post# 20526806
DSO at Tuktu 2?
DSO at Tuktu 2? Grab sampling results: 5 out of 204 grab samples graded higher than 50% ore.
Channel sampling results: 7.9 meters of 63% iron and 2.2 meters of 48% iron.
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It's unlikely Tuktu 2 has significant amounts of DSO. The sampling results are just too weak. Compare with the surface sampling results found at Nemex Resources' Woodley DSO project: 121 samples averaging 62% iron (minimum of 51% iron, maximum of 66% iron) over 18 km of strike length. Now that looks like a DSO prospect worthy of being drilled.
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Tuktu 2 will end up being 30% to 35% iron, with a few high-grade intercepts. Not DSO, not what XinXing wants.