Post by
Lineminer on Mar 25, 2021 7:52pm
LVX - commitment to $$ and metres !
LVX commitment to dollars, metres of drilling - drills spinning within 2 weeks of listing - a 5,000 metre "scout" program and another committed 25,000 metres of infill, deeper or extended length of strike drilling as indicated by the initial program have me impressed! Additionally, the fact that they are using diamond (core) drilling rather than RC (dust sample) rigs means a lot to me as well ! Costs/metre are higher, but assays are more accurate and in the field "eyes on core" is important to daily field decisions to push a hole another 20/30 metres. Which may be why - that on the first 3 holes they decided to go a little deeper than the initial 100 metres planned taking them below the historic "pick and shovel" mine depths. All good ! Not sure how winter and rain will affect drilling progress - and with Covid concerns and possible delays, my expectations for assays and meaningful results extend out towards end-July / August ! I think we've got a winner in LVX and I too am adding to my holdings - publicly announced and committed plans - drills turning, tight focus on initial targets and then follow up in an overall robust drill program as indicated by initial scout drilling has my attention and interest and as mentioned - additional investment ! What's not to like ??