RE:That was a long readThis news release will likely do nothing to the stock as we learned nothing new. We knew more holes would come, and we knew there's delays in results.
Hole | Dip | Azimuth | Total Depth (m) |
GSDL2003 | -70 | 360 | 587.6 |
GSDL2004* | -70 | 360 | 420 |
GSDL2005 | -80 | 360 | 645 |
GSDL2006** | -70 | 360 | 76.5 |
GSDL2007 | -75 | 360 | 573 |
GSDL2008 | -70 | 360 | 442.4 |
GSDL2009 | -70 | 360 | 420.6 |
GSDL2010*** | -70 | 360 | 518 |
I would assume the results for GSDL2003/2004/2005/2006 will come as one batch (late 2020), and the one's highlighted in yellow will come in another batch (likely earl 2021).
The good thing is that there's optimism in her report:
- The Golden Summit project already hosts a significant gold resource
- 80 documented but relatively unexplored high-grade lode gold occurrences within the Golden Summit project and represent other significant exploration targets.
- Acquisition of 13 federal mining claims by outright purchase within the project area as part of its efforts to further solidify its property position.