Visualizing Where AZX is Drilling at Zone 4Hey all,
This is my first attempt at showing where Orenada's 2015-2017 drill program is taking place in relation to the original resource estimate in 2008 for Zone 4. It was a bit tricky to get the sample locations, but it should be close to the actual numbers. Once I lined up the background image with the actual coordinates, I was able to capture the location data with an analytics program that I use. Although faded, I kept the background picture in my chart, so you can see the underlying geology.
Saying that, I'm not entirely 100% confident for the locations of the 2008 drill locations in relation to the picture. These holes were not shown from the 2017 news releases to give me a convenient reference point, but the actual coordinate data exists in the 2008 technical reports. I only make note of this, because my method in collecting the data was different... which *could* lead to slight inaccuracies in location. If you see something obviously wrong, then please let me know.
This is also not a comprehensive list of all holes drilled by Alexandria in Zone 4 in 2017, but just a data visualization to help show how the new drill program's approach is different from the original resource estimate. I have been looking at these drill numbers in charts and spreadsheets for so long that I really wanted to see it from a bigger picture perspective. Hopefully, others will also benefit from this approach.
The first thing that stood out to me was how much further south the start of these samples were drilled from. This actually makes sense if you look at the graphics attached to some of the drill results in 2017, because from those pictures, it appears AZX reversed the angle of the drilling. So, the trailing goes up, instead of down. If I'm describing this incorrectly, then please respond with more accurate information. :-)
Second, I think investors are underestimating how many drill samples are being collected for the new resource estimate compared to 2008. This dynamic is especially true for Zone 4, and I'm expecting a large portion of the resource increase to occur from the results in this area. In 2008, only 22 holes were drilled in Zone 4, where the best grading assays were only 1-1.5 g/t of gold and below 400m.
So, I am encouraged after reviewing many of the results from the recent drill program at Zone 4. I'm also more confident in the updated resource estimate after seeing how Alexandria is not only trying to redefine the current resource with a higher grade, but they are also trying to expand the resource area.
NP
Disclosure: I own AZX, I'm not a geologist, I do not work in the resource industry, do your own due dilligence, this is not financial advice.
I posted the location data below, for those of you that want to check my work. You may also notice that several of the drill locations below do not have results yet... maybe soon??? :-)
| Hole | Area | Location | Estrant | Nordant | Depth | AZ | Dip |
| OAX-07-01 | Zone 4 | Section 14300 W | 214835.92 | 5324112.90 | 243 | 195 | -52 |
| OAX-07-02 | Zone 4 | Section 14300 W | 214851.04 | 5324163.30 | 339 | 195 | -63 |
| OAX-07-03 | Zone 2 | Section 12600 W | 215339.40 | 5323974.60 | 105 | 195 | -51 |
| OAX-07-04 | Zone 2 | Section 12600 W | 215346.36 | 5324007.20 | 159.4 | 195 | -51 |
| OAX-07-05 | Zone 4 | Section 14300 W | 214861.75 | 5324199.20 | 381 | 195 | -65 |
| OAX-07-06 | Zone 4 | Section 14300 W | 214874.35 | 5324238.80 | 432 | 195 | -68 |
| OAX-07-07 | Zone 4 | Stopped | 214874.35 | 5324238.80 | 147 | 195 | -73 |
| OAX-07-08 | Zone 2 | Section 12200 W | 215465.00 | 5323972.40 | 189 | 192 | -50 |
| OAX-07-09 | Zone 2 | Section 12200 W | 215474.00 | 5324000.30 | 204 | 195 | -53 |
| OAX-07-10 | Zone 2 | Section 12000 W | 215484.94 | 5324035.00 | 258 | 195 | -53 |
| OAX-07-11 | Zone 2 | Section 12000 W | 215566.30 | 5324111.20 | 444 | 203 | -53 |
| OAX-07-12 | Zone 4 | Stopped | 214890.60 | 5324293.40 | 114 | 180 | -72 |
| OAX-07-12A | Zone 4 | Stopped | 214890.70 | 5324293.70 | 25 | 195 | -70 |
| OAX-07-12B | Zone 4 | Stopped | 214890.50 | 5324293.10 | 26 | 195 | -70 |
| OAX-07-12C | Zone 4 | Stopped | 214890.20 | 5324293.20 | 21 | 195 | -70 |
| OAX-07-13 | Zone 4 | Stopped | 214887.50 | 5324284.10 | 19 | 195 | -70 |
| OAX-07-13A | Zone 4 | Section 14300 W | 214887.50 | 5324284.40 | 533.7 | 195 | -70 |
| OAX-07-14 | Zone 2 | Section 11800 W | 215582.51 | 5323941.20 | 215.4 | 195 | -50 |
| OAX-07-15 | Zone 4 | Section 14300 W | 215131.10 | 5324132.10 | 423 | 195 | -65 |
| OAX-07-16 | Zone 2 | Section 11800 W | 215576.10 | 5323919.00 | 191.4 | 195 | -50 |
| OAX-07-17 | Zone 4 | Section 13400 W | 215144.81 | 5324177.30 | 405 | 195 | -65 |
| OAX-07-18 | Zone 2 | Section 11800 W | 215567.94 | 5323892.60 | 191.4 | 195 | -50 |
| OAX-07-19 | Zone 2 | Section 11800 W | 215567.94 | 5324117.40 | 489 | 195 | -55 |
| OAX-07-20 | Zone 4 | Section 14300 W | 214896.20 | 5324343.30 | 40 | 210 | -73 |
| OAX-07-20A | Zone 4 | Section 14300 W | 214896.15 | 5324343.40 | 576 | 195 | -70 |
| OAX-07-21 | Zone 2 | Section 11800 W | 215607.90 | 5324023.30 | 412.9 | 195 | -50 |
| OAX-07-22 | Zone 2 | Section 11800 W | 215585.02 | 5323965.60 | 256.3 | 195 | -50 |
| OAX-07-23 | Zone 4 | Section 11800 W | 215166.02 | 5324247.90 | 648 | 195 | -70 |
| OAX-07-24 | Zone 2 | Section 11800 W | 215654.08 | 5324176.00 | 590.2 | 195 | -60 |
| OAX-07-25 | Zone 2 | Section 11000 W | 215859.56 | 5324026.20 | 422.7 | 195 | -74 |
| OAX-07-26 | Zone 4 | Section 13400 W | 215180.86 | 5324296.20 | 810 | 195 | -74 |
| OAX-07-27 | Zone 2 | Section 11000 W | 215842.28 | 5323970.20 | 287.8 | 195 | -62 |
| OAX-07-28 | Zone 2 | Section 11000 W | 215825.47 | 5323915.60 | 206.6 | 195 | -60 |
| OAX-07-29 | Zone 2 | Section 11400 W | 215738.38 | 5324044.20 | 494.4 | 195 | -55 |
| OAX-07-30 | Zone 4 | Section 13900 W | 215018.58 | 5324306.70 | 630 | 195 | -65 |
| OAX-07-31 | Zone 2 | Section 11400 W | 215721.55 | 5323993.80 | 421.5 | 195 | -55 |
| OAX-07-32 | Zone 2 | Section 11400 W | 215705.01 | 5323943.80 | 287.6 | 195 | -55 |
| OAX-07-33 | Zone 4 | Section 11400 W | 215157.20 | 5324219.50 | 585 | 195 | -68 |
| OAX-07-34 | Zone 2 | Section 12200 W | 215445.37 | 5323917.10 | 159 | 195 | -50 |
| OAX-07-35 | Zone 2 | Section 12400 W | 215394.74 | 5323960.10 | 99 | 195 | -47 |
| OAX-07-36 | Zone 2 | Section 12400 W | 215414.56 | 5324016.27 | 165 | 195 | -50 |
| OAX-07-37 | Zone 2 | Section 12400 W | 215428.50 | 5324062.70 | 235 | 195 | -50 |
| OAX-07-38 | Zone 4 | Section 13400 W | 215180.40 | 5324296.10 | 720 | 195 | -70 |
| OAX-07-39 | Zone 4 | Section 13900 W | 215041.52 | 5324379.50 | 800 | 195 | -70 |
| OAX-08-40 | Zone 2 | Section 12200 W | 215439.05 | 5323886.50 | 190.7 | 196 | -46 |
| OAX-08-41 | Zone 2 | Section 11600 W | 215660.74 | 5323994.00 | 356.4 | 198.6 | -51 |
| OAX-08-42 | Zone 2 | Section 11600 W | 215643.55 | 5323933.80 | 281.1 | 195 | -53 |
| OAX-08-43 | Zone 2 | Section 11600 W | 215624.88 | 5323870.20 | 133.7 | 195 | -52 |
| OAX-08-44 | Zone 2 | Section 11600 W | 215679.29 | 5324057.90 | 443.2 | 195 | -52 |
| OAX-08-45 | Zone 2 | Section 11400 W | 215699.31 | 5323897.00 | 276.1 | 195 | -52 |
| OAX-08-46 | Zone 2 | Section 11000 W | 215801.46 | 5323824.80 | 140.6 | 195 | -52 |
| OAX-08-47 | Zone 2 | Section 11400 W | 215783.43 | 5324184.00 | 632.4 | 195 | -52 |
| OAX-08-48 | Zone 2 | Section 10600 W | 215977.00 | 5323983.00 | 350 | 195 | -52 |
| OAX-08-49 | Zone 2 | Section 10600 W | 215957.00 | 5323914.00 | 326 | 195 | -52 |
| OAX-08-50 | Zone 2 | Section 10600 W | 215996.00 | 5324049.00 | 450 | 195 | -52 |
| OAX-08-51 | Zone 2 | Section 10200 W | 216112.88 | 5324000.00 | 416 | 195 | -52 |
| OAX-08-52 | Zone 2 | Section 10200 W | 216132.60 | 5324067.30 | 518 | 195 | -52 |
| AAX-07-10 | Zone 2 | Section 11800 W | 215631.00 | 5324121.00 | 458 | 195 | -50 |
| AAX-07-11 | Zone 2 | Section 12100 W | 215497.85 | 5323973.50 | 274.7 | 195 | -45 |
| AAX-07-12 | Zone 4 | Section 14300 W | 214835.00 | 5324130.00 | 32.8 | 195 | -60 |
| AAX-07-22 | Mid-Canada Expansion | IP Anomaly | 214965.00 | 5324800.00 | 296 | 180 | -45 |
| AAX-07-23 | Zone 2 | Cadillac Break, East Zone 2 | 216232.00 | 5323969.00 | 407.4 | 180 | -55 |
| AAX-07-24 | Zone 2 | Cadillac Break, East Zone 2 | 216489.00 | 5323988.00 | 548.6 | 195 | -50 |
| AAX-07-25 | Zone 5 | East Zone 2 Zone 5 | 216226.00 | 5323953.00 | 544.6 | 15 | -50 |
| AAX-07-26 | Zone 2 | Cadillac Break, East Zone 2 | 216700.00 | 5323590.00 | 344 | 195 | -50 |
| OAX-17-107 | Zone 4 | | 213900.00 | 5324268.00 | | | |
| OAX-17-109 | Zone 4 | | 213917.00 | 5324343.00 | | | |
| OAX-17-098 | Zone 4 | | 214421.00 | 5324171.00 | | | |
| OAX-17-092 | Zone 4 | | 214678.00 | 5324014.00 | | | |
| OAX-17-094 | Zone 4 | | 214732.00 | 5323986.00 | | | |
| OAX-17-119 | Zone 4 | | 214053.00 | 5324251.00 | | | |
| OAX-17-122 | Zone 4 | | 214056.00 | 5324227.00 | | | |
| OAX-17-103 | Zone 4 | | 214196.00 | 5324184.00 | | | |
| OAX-17-104 | Zone 4 | | 214185.00 | 5324165.00 | | | |
| OAX-17-112 | Zone 4 | | 214202.00 | 5324117.00 | | | |
| OAX-17-118 | Zone 4 | | 214278.00 | 5324169.00 | | | |
| OAX-17-119 | Zone 4 | | 214276.00 | 5324158.00 | | | |
| OAX-17-121 | Zone 4 | | 214321.00 | 5324206.00 | | | |
| OAX-17-086 | Zone 4 | | 214343.00 | 5324193.00 | | | |
| OAX-17-105 | Zone 4 | | 214332.00 | 5324143.00 | | | |
| OAX-17-117 | Zone 4 | | 214324.00 | 5324096.00 | | | |
| OAX-17-087 | Zone 4 | | 214382.00 | 5324021.00 | | | |
| OAX-17-099 | Zone 4 | | 214464.00 | 5324068.00 | | | |
| OAX-17-116 | Zone 4 | | 214471.00 | 5324120.00 | | | |
| OAX-17-106 | Zone 4 | | 214462.00 | 5324150.00 | | | |
| OAX-17-084 | Zone 4 | | 214518.00 | 5324040.00 | | | |
| OAX-17-085 | Zone 4 | | 214501.00 | 5324023.00 | | | |
| OAX-17-088 | Zone 4 | | 214579.00 | 5324059.00 | | | |
| OAX-17-089EXT | Zone 4 | | 214570.00 | 5324029.00 | | | |
| OAX-15-054 | Zone 4 | | 214553.00 | 5323982.00 | | | |
| OAX-17-091 | Zone 4 | | 214615.00 | 5323967.00 | | | |
| OAX-17-090EXT | Zone 4 | | 214630.00 | 5324021.00 | | | |
| OAX-17-090 | Zone 4 | | 214635.00 | 5324040.00 | | | |
| OAX-17-093 | Zone 4 | | 214652.00 | 5323887.00 | | | |
| OAX-17-095 | Zone 4 | | 214747.00 | 5323965.00 | | | |
| OAX-17-096 | Zone 4 | | 214730.00 | 5323956.00 | | | |
| OAX-17-097 | Zone 4 | | 214719.00 | 5323926.00 | | | |