Post by
winedoc on Sep 10, 2023 9:47am
Sunday Morning Coming Down ....... kris Kristofferson
Sure ...... we are all a little down on the share price ....... but deep storage gold's still there .......
Seems there is a persistent seller ......
On a positive note, work is progressing well on site like never before and
Ive been driving up Goldbrooke road for over 15 yrs ........
Site visit
Got to chat with two guys from Hit Drilling
One rig busy on Doliver Mountain
Second rig at core shack parking lot is still being rigged up on bulldozer style tracks and almost ready
to be deployed
Behind schedule on that second rigs changeover
They explained this set up will allow for quick relocation of drill rig, rather than towing drill on sled with
the excavator
They have 40 more holes (yes thats right forty). all 175 to 250 M deep. (10,000 M to go)
Water is being pumped all the way from the lake with a new set up of pump stations
They said there were delays with WG drill results ........ due to labs etc
?? Why would they be drilling 40 holes if the geologists were not confident they are hitting the saddle
structure
Just Saying
All I got for now
Winedoc
Comment by
GillieBan on Sep 11, 2023 3:51pm
40 more holes, 10,000M. Anyone have any guesses on how long that would take? as mentioned elsewhere, it's probably the best use of energy while the markets and the SP are not conducive to favourable financing. Maybe M&A talk will really start cranking after we release the results from this drilling marathon.