CWX - HMX big couple of weeks coming up IMHO
My HC post>>on CWX
Yes the key will be the size of the Hill800 mineral resource + grade .... which going from last presentation should be announced very soon !! SEPT/early OCT
If it's like 500koz+ 3g/t etc then the SP will double overnight (And prob have the interest to raise 2mill+ at much higher levels) esp. as its open at depth so 1Moz target would be in the picture for the project ....
from last ann>>
Carawine Managing Director Mr David Boyd said this was another exciting development for Hill 800 and the Jamieson Project, one that could lead to a major new discovery in the region.
“Earlier this year we established a new interpretation for the Hill 800 mineralisation, demonstrating the potential for high-grade mineralisation to continue at depth beneath the current limit of drilling.
“These latest results strongly suggest a fertile copper-gold porphyry is driving the mineral system at Hill 800 and its surrounds.
Combined with our regional target generation work, this new evidence gives us confidence that we could be chasing a porphyry copper-gold target at depth beneath Hill 800, and potentially at Rhyolite Creek as well.
“Porphyry deposits are very attractive targets given they are typically very large mineral systems with multiple deposits and excellent grade characteristics.
>>>>>>>>>>>>>>>> Ever since I've come across CWX earlier in the year I've been very excited about the potential to muti-bag ... T/A looks brilliant breaking out of the downwards
channel CWX has really been in since 2017 IPO ...
And on HMX Bronzewing south drilling started mid AUG ...Surely can't be far away from some assay results >> now with whats going on 100m away with Echo any decent Gold and HMX will run as hard as it did from 2c to 4c ... this time 3c to 5c+
Outstanding results from RXL ...anyone followed SPX ???
Exceptional Gold Grades Encountered in
Youanmi Near Mine Exploration
Highlights:
Drilling at the Youanmi Gold Project has intersected exceptional gold
grades. Results received from shallow drilling to the south of the
Youanmi Plant include:
MLRC020: 5m @ 125.68 g/t Au from 0m
Including: 2m @ 311.46 g/t Au from 2.5m
including 1m @ 591.89 g/t Au from 3m
including 0.5m @ 1058.49 g/t Au from 3m
__________________________________________________ ____
Australian gold and nickel company, Rox Resources Limited (“Rox” or “the
Company”) (ASX: RXL), in conjunction with its joint venture partner Venus
Metals Corporation (ASX: VMC) is pleased to announce exceptionally high
grade results from its ongoing drilling campaign at the OYG JV which forms
part of the wider Youanmi Gold Project.
The JV (Rox managed) recently conducted a series of shallow of RC holes
to the south of the Youanmi plant to test a laterite gold target.
The laterite zone appears to have an average grade of ~1.5g/t Au and
thickness of ~2m and is continuous from historical drilling at the airstrip over
an area of about 280m x 100m (See Table 1).
Significantly, drill hole MLRC020, located on the northern-most line of the drill