GREY:HGGOF - Post by User
Post by
tarsandson May 31, 2022 9:48am
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Post# 34719681
Last year we drilled.
Last year we drilled. Discussion of DC Prospect Area Drilling and Geology
A total of 16,198 meters (44 drill holes) were completed during the 2021 exploration program at the greater Johnson Tract project split between deposit expansion and regional prospect drilling.
June last year NR:
Drilling began this week with two rigs positioned at the JT Deposit, and one rig positioned at the DC Prospect. Plans are for 50-70% of the Program meterage to be drilled at the JT Deposit area, and 30-50% at regional prospects.
July 2020 they came out and contracted a 3rd drill rig. they had it for 2020 + 2021 drill season. but they seem too be saying that :
???
They let the rig go? Lost the contract on the rig? Also the meterage is too low , in my opinion we"ll be lucky too drill that 13000 metres with 2 rigs alone. Rigs are a very hard commodity too lease , forget our plans for a 4th. $9 million should leave alot o cash in the kitty $10 million or so.