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Bullboard - Stock Discussion Forum Royalties Inc C.RI

Alternate Symbol(s):  ROYIF

Royalties Inc. is a Canada-based diversified royalties’ company. The Company has a 2.1% stake in Music Royalties Inc. (MRI), a Canada-based private company that acquires passive music royalties from rightsholders, including artists, producers and songwriters, and holds a portfolio of approximately 28 cash-flowing music royalties. The Company also has interests in exploration and evaluation... see more

CSE:RI - Post Discussion

Royalties Inc > Hole Testing Area of 29 - 57 Ounces Per Ton Silver
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Post by blackgold14 on Feb 11, 2021 1:42pm

Hole Testing Area of 29 - 57 Ounces Per Ton Silver

While the results of the first two holes in the driiling campaign were good, what I'm really anxious to see is the results of the third hole, X6B, which tested the super high grade drilling results in the previous campaigns.  A long intersection (10 - 15 metres plus) of 847 g/t (29.8 ounces per ton) plus would imply a massive increase in the silver resource and probably attract a lot of investor attention.  

As the company stated in its last news release ........

The third hole, X6B, tested the continuity between the two best drill hole results from the 2010-2013 exploration work in which X26 intersected 6 meters of 847 Ag/t (29.8 ounces/ton) and X40-1 and 2.45 meters of 1623 Ag/t (57.2 ounces per ton) at 424 meters depth.

If there is continuity potential beyond the area at depth, then we could end up with a world class discovery.

In a few weeks, we'll see what happens.

  
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