I need some better info on the size of Zone 22...shooting in the dark here.
Okay, so we know they drilled 165 drill holes/a total of 6050 metres, if we average the depth 120' deep holes.
What I do not know is the size of Zone 22, or the configuration of the drilling, ie. is it a square grid 5kms x 2kms wide or are the holes stretched out over a greater length.
The follow up drilling, 3000 metres, would give us approx. 80 holes @ 120' deep...so have they found a target that large, ie. on 250 metre X 250 metre spacing 80 holes is 5kms square...OR THIS could be infill drilling on tighter spacing and much smaller target.
Too many variables, but the potential is very exciting...Rio Tinto must have found or see something large enough to warrant the Stage 1 commitment of $16 Million USD$....shallow, high grade or shallow decent grades who knows, but Rio Tinto must see enough because others I have talked with mention Rio Tinto earn ins that have sat idol...they are moving quickly on this prospect.
In short, so far I'm driving myself nuts thinking about the possibilities as we are in Monster sized Copper deposit land....way too many variables, our first update/initial work program(drill results) could get this snowball really rolling down the mountain.
GLTA
all is my opinion, DYODD