GREY:PGDIF - Post by User
Post by
ekimon Oct 22, 2015 12:39pm
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Post# 24216829
Good and the bad
Good and the badThe bad is that this seems to be the year of delays.
It has no merit on the fundamentals mind you.
"The work program will commence in July and the drilling is expected to commence in September."
but not drilling is just starting in November.
The good?
Bumped up total drilling from 500 metres to 570 metres of Rotary air blast drilling.
These targets are significant in size...so it could be the ground magnetics just took longer to define the extents.
These is still overburden involved with no outcrop, so this may not even be related to the KIMs that they are intrigued by.
Should find out pretty quick though as they should be able to visually check out some of the Chips' to look for the same chemistry.
Must have the drill pretty much ready to go as they expect drilling to complete by early November.
Should be a lot of options to get the material processed in Botswana for cheap.
LONG...PGD
EKIM