PINL:VLTAF - Post by User
Comment by
eebleron Jun 10, 2010 12:21pm
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Post# 17177161
RE: RE: ***Drill Results***
RE: RE: ***Drill Results***
Results in keeping with expectations. Based on their understanding of the dimensions, is does look to have terminated in the north near the 5900 section, and in the south of the central zone it is starting to narrow as per their model.
The specifics of the individual holes have encouraging results in the sense that if you look at the new VTR holes and compare them to the re-assayed Randgold holes, almost every single one of the new VTR holes reports higher g/t's. Fate seemed to be working against Randgold when choosing where to drill, otherwise they probably would not have given Kiaka up so readily.
Once the 43-101 is issued, the next major growth will come from the East, West and South prospect areas, along with their other properties. The South zone (KHZ) is another area of Randgold wireframes. There is also Kiaka East where they reported rock samples of up to 33 g/t.
Anyone know what the potential impact of the 25% reduction in permit size means? Is it in prospective territory, or just extra land that doesn't appear to have potential?
eebler