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13/03/17
16:07
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Originally posted by bevter
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Exploration planning for the Gumarooka Intrusion is well advanced and subject to approvals drilling is expected to commence in March 2017. An Induced Polarisation (IP) program is also being planned over Gumarooka and other areas surrounding the Bowdens Silver Deposit. The Gumarooka Intrusion is interpreted from data from the recent high-resolution airborne magnetic and radiometric program which has identified an elliptical body approximately 1,300 metres by 800 metres located immediately to the north-west of the Bowdens Silver epithermal deposit." 2/2/2017
Is someone claiming this is all fake news??..
"Highlights Finalisation of the purchase of 15% of the Bowdens Silver Project to complete 100% ownership. Outstanding drilling results returned during the quarter confirming multiple high-grade zones at Bowdens Silver. Drill results surpassing expectations in the high-grade core of the deposit. Deeper intercepts indicate potential for high-grade intercepts in basement rocks. 20,000 kilometre airborne geophysical program completed. A 1300 metre by 800 metre intrusion identified at Gumarooka adjoining the Bowdens Silver deposit. Close to surface intrusive interpreted to be an andesitic porphyry and a possible source to Bowdens Silver mineralisation. Gumarooka is a substantial new exploration target with drill planning underway. Feasibility Study and Environmental Impact Statement programs advanced. Expansion of acreage position adjoining Bowdens Silver. Capital raising complete with A$5 million raised at a price of A$0.165 per share. " Dec Q'ly.
And a few others to fill in any spare time...
"Outside of Gumarooka, several areas currently being assessed include; Gulgowra - Located approximately four kilometres north-west and along strike from Bowdens Silver interpreted with alteration within Rylstone Volcanics coinciding with anomalous surface geochemistry. Bara Mine - Historic mineral occurrences of sediment hosted copper-lead-silver-zinc deposits located approximately 10 kilometres north-west of Bowdens Silver. Interpretation highlights geological structures associated with a granitoid intrusion. Havilah - Magnetic interpretation in this Joint Venture area located to the west of Bowdens Silver indicates historical mineral occurrences and substantial anomalous surface geochemistry coinciding with granitic dykes. There are several undrilled targets in this area. Further details of these high order target areas will be provided as interpretation is completed. In addition, the Company is continuing to interpret the remainder of the magnetics data, with the intention of mapping key geological units and generating new mineral deposit targets. "
I can't believe some are claiming nothing's happening.
Check out all the other penny dreads and see where "nothing's happening"
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Keep up the good work bevter and you might get this thing back to 0.21 then I.m gone. Been like this for years now. I stated they wont mine during this decade and that seems to be the truth. I know the site well and it is not an easy location. However, this is a forum and opinions are allowed so pump it up and I will shut up and trust your marketing strategy will get the Roo off their backs.