Post by
KewlNewf on May 10, 2024 11:53am
Upcoming Drill Season
In the webinar, I believe Ruben mentions a possible 5,500m.
The last couple seasons have been spent zeroing in on the target and last year there was zero drilling.
A few properties have been discarded to tighten the belt but possible new acquisitions may be on the horizon.
Decisions have been made to put, seemingly, all focus on Don Julio as South32 is footing the bill.
Ruben mentions $11.4M cash still on the books.
Drilling will likely commence in Oct/Nov timeframe with results not coming back until the new year.
The results of the upcoming drill season will have the final word on whether the mgmt and team have done enough correct assessment to achieve good drilling results.