Golden boy retweeted
50% of the economics are from sulphur, somebody call the police!
Emerita Announces Positive IBW Pre-Feasibility Study Results Highlighting US$776 Million After-Tax NPV (8%), 23.51% IRR and 21-Year Mine Life $EMO.V tinyurl.com/24m87v7c
Golden boy retweeted
Collective Mining Drills 154.30 m @ 12.66 g/t AuEq*, Including 30.45 m @ 39.01 g/t AuEq*, at Apollo’s Ramp Zone
🟢APC174-D4 intersected 154.30 m @ 12.66 g/t AuEq (12.44 g/t Au, 11 g/t Ag) from 1,208 m below surface, including 30.45 m @ 39.01 g/t AuEq (38.47 g/t Au, 28 g/t Ag) from 1,339 m below surface. It is the broadest high-grade intercept drilled to date at the Ramp Zone.
🟢APC174-D4 crossed the southeastern portion of the Apollo breccia body from east to west, approximately perpendicular to the breccia contact, and its principal intercept returned grades locally over 75% higher than the estimated grades of the current Mineral Resource for the blocks it crossed, extending the high-grade envelope both shallower and deeper than predicted along the hole.
🟢APC174-D4 bottomed in mineralization, with a final 12.20 m @ 0.75 g/t AuEq in sulphide-rich crackle breccia at approximately 650 meters above sea level (“masl”). This mineralization is outside the Mineral Resource, but drilling could not continue as the rig had reached its maximum capacity. Based on core inspection, the Company interprets that the hole may have been entering a new mineralized chute within the breccia body. Follow-up drilling with higher capacity rigs is planned.
🟢Drill holes to the north-northeast of APC174-D4 have intersected Ramp Zone-style sulphide mineralization in core logging, with visible gold in APC174-D7, APC164-D5 and APC180-D4, approximately 80 m, 180 m and 240 m horizontally from APC174-D4 at 750 masl, respectively, and visible scheelite and gold in APC180-D3, approximately 410 m away**; assays are pending.
🟢Construction of the planned approximately 3-kilometer underground exploration adit is expected to commence this month. Once it reaches Apollo, the adit is designed to intersect the Ramp Zone at approximately 700 masl, or 1,350 m below surface, in the core of the high-grade portion of the Ramp Zone’s Mineral Resource. $CNL @CollectiveCNL
Golden boy retweeted
"Too many geologists become victims of excessive scientific arguments and do more work, even though the target could have been adequately tested relatively quickly with the drill. Sometimes it costs more to reduce risk than to take it by drilling." Muessig










