RE:Plateau Drill Results ErikSpot wrote: Although there doesn’t appear to be knocknout drill results, nearly all the holes registered some level of gold mineralization. Newmont clearly sees something worth pursuing.
3000 meters of drilling for such a large area are completely non relevant. The drill results were mediocre, however the data collected this summer is not (including data provided by the drill results).
Newmont can walk away from this venture tomorrow, without spending another penny on it, including the 1M payment due prior to December 15th, 2017. However they elected to expand the land claims, return next year and drill like never before. Newmont will drill based on data collected this summer - they are in charge, they make the shots.
Another expansion for the area claims must be in the works, too.
GLTA