Confusing timline On Feb 29/12 ZEN announced it had contracted SGS to test drill core on hole #1. ZEN stated it would take two to four months.
Today the NR stated that a low grade section or hole #1 was being tested as well as a high grade section of hole #5 The results for hole 5 were released May 24/12 almost three months after SGS was contracted, and were obviously not part of the intial test. Why did they not test a high section of hole #1. There was a 9.9 meter section of 4.6%. Why not update shareholders that since the new material from hole #5 which was released May 24/12 long after the initial samples were sent to SGS was being included and the test would take 2-4 months from that date. Ironically that puts us into September. Something seems off. Why not release the intial results from hole #1 on time and then follow up with hole #5 or other holes as necessary. Were the results from hole #1 not that good? SGS did say results could be as early as two months. They could very well have had the results of hole #1 back when they submitted hole #5. My point is ZEN likely new there would be a delay back on May 24/12 when they added high grade from hole #5, and hole #5 was never a part if the initial test that they press release on Feb 29/12 ALL IMHO