First drilling at Buese was something to look forward to, as there...
Gold Ventures 🟡@TheLastDegree
20 views
Oct 02, 2024
~2 min read
Advertisement
1
First drilling at Buese was something to look forward to, as there was plenty of smoke there
Results show why this was the case
The new deposit is taking shape & next drill program -over double the size- is already underway
$FDR.V
@FoundersMetals
/1
Results show why this was the case
The new deposit is taking shape & next drill program -over double the size- is already underway
$FDR.V
@FoundersMetals
/1
Gold Ventures 🟡@TheLastDegree
@FoundersMetals We're still not through here...
1st drilling by Founders at the Buese target almost terminated, with results due by month end
Following up on very strong historical hits & channels👇
But wait there's more
Founders is soon also starting augur drilling on the Lawa project
/6
1st drilling by Founders at the Buese target almost terminated, with results due by month end
Following up on very strong historical hits & channels👇
But wait there's more
Founders is soon also starting augur drilling on the Lawa project
/6
2
@FoundersMetals Located 6km on trend of Upper Antino, where drilling offered a more than 10X to early investors🙋♂️
Buese is 600ha with gold mineralisation confirmed over 2km
Just like its brother up NW, it saw smale scale mining and previous exploration showed high grade gold near surface
/2
Buese is 600ha with gold mineralisation confirmed over 2km
Just like its brother up NW, it saw smale scale mining and previous exploration showed high grade gold near surface
/2
3
@FoundersMetals The company drilled a first 3,500m following up on channel samples and historical drill holes such as:
➡️13m of 49.45 g/t
➡️40.9m of 4.43 g/t
➡️1.5m of 152.97 g/t
1st drilling by Founders focused around the former producing pits, showing there's a lot of meat on the bones
/3
➡️13m of 49.45 g/t
➡️40.9m of 4.43 g/t
➡️1.5m of 152.97 g/t
1st drilling by Founders focused around the former producing pits, showing there's a lot of meat on the bones
/3
4
@FoundersMetals Of only 12 initial holes, best results include
➡️78m of 2.35 g/t incl 20m of 7.65 g/t🧐
➡️16.5m of 1.64 g/t
➡️110m of 0.34 g/t
Hitting 2 types of mineralisation: HG shear-hosted gold & broad intrusion-hosted gold
At surface they even hit tailings from historical mining
/4
➡️78m of 2.35 g/t incl 20m of 7.65 g/t🧐
➡️16.5m of 1.64 g/t
➡️110m of 0.34 g/t
Hitting 2 types of mineralisation: HG shear-hosted gold & broad intrusion-hosted gold
At surface they even hit tailings from historical mining
/4
5
@FoundersMetals I previously discussed the vast amount of gold bearing tailings from historical mining
At Upper Antino alone the company has over 100,000m² at a minimum thickness of 3.5m
Besides the strong drill results, it's great to see these at Buese as well
/5
At Upper Antino alone the company has over 100,000m² at a minimum thickness of 3.5m
Besides the strong drill results, it's great to see these at Buese as well
/5
6
@FoundersMetals In my last thread I noted that Founders can't NOT be talked about in boardrooms
With their latest addition to the roster -Great Bear's Chris Taylor-, that's a big confirmation
He led the former junior from a small explorer to a $1.8Mil takeover by Kinross in 2022
/6
With their latest addition to the roster -Great Bear's Chris Taylor-, that's a big confirmation
He led the former junior from a small explorer to a $1.8Mil takeover by Kinross in 2022
/6
7
@FoundersMetals A man his caliber can have the pick of the litter & it appears he did😉
He's been following Founders for several months as their methods & successes are reminiscent of the early days at GBR
Indeed, early days
Drills restarted at Buese for 7,000m, now drilling 3 projects
/7
He's been following Founders for several months as their methods & successes are reminiscent of the early days at GBR
Indeed, early days
Drills restarted at Buese for 7,000m, now drilling 3 projects
/7
8
@FoundersMetals If you enjoyed this thread,
RT the tweet below to share this thread with your audience
Cheers, GV
/end
RT the tweet below to share this thread with your audience
Cheers, GV
/end
9
whoops - typo
$1.8Mil takeover --> $1.8Bil takeover 😁
$1.8Mil takeover --> $1.8Bil takeover 😁