or
Remember me
Back
New drill hole MPD 21-009 was a 575 metre step-out south of all other Gate drill collars, and intersected 87 metres of 0.51% Cu, 0.43 g/t Au and 0.81 g/t Ag (0.78% CuEq*) within 242 metres of 0.38% Copper and 0.22g/t Gold (0.52% CuEq*) and a broader 468 metre interval of 0.25% Cu, 0.16 g/t Au and 0.51 g/t Ag (0.35% CuEq*). Table 1 and Figure 3A.
MPD 21-009 intersected the first high-grade bornite-dominated copper-gold-silver mineralization observed on the property, accompanied by strong, illite-kaolinite overprinting of potassic alteration. Alteration and mineralization suggest this is the highest temperature area of the Gate Zone porphyry copper system drilled to date and may be located closer to a potential mineralization source than the original Gate Zone discovery area. And today we get a similar result in grade but instead of 87 metres grading .78 CuEq. We got today 105 metres grading .76 CuEq. So what I see is this higher grade between those 2 white lines they are calling cross sections which looks like about 250 metres of higher grading material. They hopefully can extend that a bit more. And I would like too see a much deeper hole? But hey it looks all good too me, except maybe some mis - interpretation so like its been said they got too alleviate the confusion. Cormarck target is well above what it has closed at today!
A daily snapshot of everything from market open to close.