RE:RE:RE:Megacopper, Ike, Eldreco, BlueChipper, Where are you guys?Tracking the Keats high grade gold:
The alteration of the rocks is what attracts the gold to where it is. The more intense the alteration is, the higher gold grades will be.
There is almost a direct correlation between copper and gold. The higher the copper content, the more gold you get. So lower grade gold will be related to lesser copper and vice versa. If a drill hole shows some copper, and it is increasing in content as they drill deeper, then they feel that the better grades of gold are still deeper. So they deepen the hole. Once the copper content begins to lessen, then they may feel that they've passed through the central core of the higher grade gold zone.
Now for some calculations for the Keats Zone, these are my very rough estimates:
Using Figure 4 of NFG's Keats July 6 News Release;
* the down plunge angle of the central high grade gold core is 30 degrees.
* the distance from Hole 93 down plunge to Hole 238 is 450 metres.
* the distance down plunge to the Appleton Fault from Hole 93 is approximately 800 metres.
* so they have roughly 350 metres to go, before they hit the Appleton Fault ('joint').
* the 'joint' area being the area where the Keats Mainline Fault meets the Appleton Fault.
* there they will follow more gold within the Appleton Fault (hopefully).
* the vertical distance from the 'joint' area to surface is roughly 400 metres.
* I wonder if the Keats Mainline (splay) Fault will get wider as it approaches the 'joint' area.
* from the 'joint' area, they'll look both laterally and up and down the Appleton structure, which could go much deeper.
My takeaway from this, is that we are (hopefully) going to see some more excellent assay results. And this is just the Keats Zone!!