RE:2nd Drill HoleTim Termuende, PGeo, president and chief executive officer of Eagle Plains, commented recently on the continuing Vulcan program: "We are extremely encouraged by results to date at Vulcan. The deepening of VU22004 provided critical information on the interpreted subbasin geometry, which will greatly aid in planning and interpreting upcoming drill holes. Mineralization encountered in VU23001 is further evidence of a significant, widespread mineralizing system at Vulcan. Additional drilling is planned based on geologic features observed to date. The target we are testing is world class in scope and results obtained suggest the presence of a mineralized sedex vent system. To date, our geologists have observed many of the important hallmarks of the nearby world-class Sullivan deposit, giving us confidence that the ongoing program will provide critical information toward the potential discovery of source mineralization."
I suspect this will affect the stock price by the weekend. Cheers!