When do they come with result from drill program?Do they first end all of the drilling before sending to lab? Or is it going in several tranches?
If they first complete the drilling and then sending to lab it means still 6 to 8 weeks.
In the collered line below you can read that the gold grade is not very spectaculair (below 0,5 gr/t) so don't expect to much. Everything higher is better of course but markets today are only happy if one comes out with the motherload and grades above the 100 gr per ton for more then several meters!
gr Theo
The Company is conducting a 5,000 metre (m) reverse circulation drill program that is expected to be completed within 10 to 12 weeks. Assay results will be announced when received and compiled.
This second phase reverse circulation drill program at Sancos will test four targets in the high-potential Sancos Central zone with the objective of encountering higher grade gold mineralization associated with potential feeder zones identified through a geophysical survey, as well as testing previously defined areas of hydrothermal and phreatic breccias. Within these target zones significant gold mineralization has been defined by surface sampling in trenches with gold values of 13 m containing 5.00 grams per tonne (g/t) gold as well as drill intercepts from the initial drill program, including 154 m of 0.45 g/t gold and 94 m of 0.47 g/t gold, both starting from surface.