Given AZY has a core orebody with demonstrated economics and these results are at a a satellite deposit, it won't matter much and as of writing, the chart looks poised for a breakout. This is more for testing thinking on quality of results.

AZY had a bunch of results out today with emphasis on the Fiama zone next to GEO-01. Hole 25MYC0798 is of focus. THe setting is one of complexity as the cross section sits near a syncline/fold and is structurally complex given the laterally cross cutting felsic dykes. XT for reference:

Hole 798 has two reported intersection, the shallower 33m at 15.8gpt and the deeper 18m at 0.9gpt. The shallower horizon has two super high grade zone so first test is how smeary is it? Below shows that it is smeared but not what I consider bad smearing as the residual grades ~1gpt which is comfortably above the cut off used by AZY in its MRE (0.4gpt AuEq).

The deeper horizon was tested as it also had a high grade zone of 1m at 9.9gpt. Turns out this was the smeared hole as the residual is 0.341gpt with marginal copper (and silver and cobalt). Thus I suspect when subject to the constraints of an MRE, and the 0.4gpt AuEq cut off, this material is going to struggle to be included in the resource in its own right.

Going back to the XT, I flesh out the thinking on economic mineralisation as this:

Now going by the plan view, this is a section that sits within a broader mineralised zone so could be captured but one thing is for sure, some of the results are stretched and a lot more drilling is needed to see if this section can really flesh out into something more meaningful.