RGDThere's lots of work left to report from! Maybe the next news releases will explain why insider bought 180 000 shares last month. :D
"The exploration program at Antino 1 in Suriname got under way during the quarter with the start of the three-metre auger soil geochemistry program. Prior to this, work on setting up camp and cutting grid lines on 100-metre intervals in the Maripasula target area had been completed. The current exploration work consists of geological mapping, auger soil geochemistry, excavator trenching and reverse circulation drilling. To the end of October, work completed consists of 948 three-metre hand auger holes, 20 trenches from which 1,855 metres of channel samples were collected and 80 reverse circulation (RC) holes for a total of 4,500 metres of drilling. A total of 5,567 samples have been submitted for assay up to the end of October.
Results to date from both the trenching and the RC drilling have been encouraging and several targets will require follow-up work. During the next quarter a core drill will be mobilized to Antino 1 and a diamond drilling program will commence to test newly indicated targets. The third party lab in Suriname has experienced some difficulties in respecting reasonable turnaround time for processing of assays. This issue is currently being addressed."