How many More Blind Discoveries at QWN ? Keats Trench and Iceberg Trench are both blind discoveries of ultra high grades of gold whose extensional dimensions will be defined by current infill drilling at Keats and Iceberg.
Much like KT, The exposed mineralization in the Iceberg Trench shows a continuous linear fault segment containing broad quartz veins with near perfect correlation to the Company's drill defined geological model. Phase 1 and 2 combined shows gold grades averaging just above 2 ounces per ton.
Judging by drill core results just beneath Iceberg Trench and the near perfect correlation of the broad quartz veins with the drill defined model, Iceberg Channel sampling will also average 1 ounce per ton or more.
What is most signifucant is that the information gained from Keats Trench including its grades will support the MRE scbeduled for Q2 of 2925.
This will not have a neutral effect on the MRE.
Its contribution will be very significant , the extent dependent on the structural conformity with the geological model.
As they have confirmed this structural conformity, the algorithmic configuration of the MRE estimation model will include signifucant weighting of Keats Trench results
Considering just the very conservative Napkin estimate of close to 7 million ounces, the inclusion of Keats Trench channel sampling results in that model would
blow up that estimate by several multiples .
Todays massive wash trading is intended for sentiment destruction.
Ignore it and load up at these adtificially knee capped prices..