AXG - Antipodes Gold [formerly GEL - Glass Earth]

[elZorro]

Attention at Waihi is firmly on the Golden Link project, which includes Correnso. There's a lot at stake, although Newmont appear to have a bob each way by continuing on with WKP exploration in the meantime.

http://www.3news.co.nz/Waihi-gold-mi...2/Default.aspx

I've had a look at a TOPO map of the WKP area. Looking at the area just below the circular track that skirts the older mining region, the purple dots are old drills mentioned in Christie et al, and the rough location of the latest WKP drills are shown. Old drills 20 and 23 were the best of the original set, with a grade of 3oz/tonne over a short interval being included. Drill 21, 400mtrs south of WKP35, was not without a strike, with 0.12g/tonne over 65 mtrs. Drill 22 pointed in the other direction, only found a little. The Martha Hill main prospect yielded over 10Moz, and is no wider than about 800 metres.

Older drill 20 (DDH20) intersected a broad zone of consistent mineralised sheeted quartz veins, averaging 1.4g/t Au over 83 metres from 159m downhole (Rabone, 1991a).