RE: Hoov - Could You Help With Something? The large loop ground geophysics program the company ran yielded 2 discreet targets instead of one big one and a tiny one on top. Seems like the one on top that was generated by airborn geophysics was not indicative on anything.
Now the eastern pipe signature and the drilling line up very well and that is very encouraging and confirms that the geophysics are very specific and precise in this case. The West pipe gave out a more conductive signal. This has nothing to do with any specific attributes to the graphite of this pipe vs the other pipe. Rather, it is a signal that is stronger if you will. It could be that the graphite comes closer to surface. It could be that there is more graphite (seems like that to me but until the drill hits it...) it could be the grade is better although early drilling last year did not support that.
These 2 pipes were one anomaly by airborn VTEM but now clearly 2 targets that may join at depth. 20 more anomalies to drill, upside huge!!
Warrant related selling almost done so should start to move in the next few days/weeks as warrants expire on June 23rd.
G.