Post by
SoreazzySam on Oct 17, 2021 8:22pm
Most here dont even undferstand
All the drilling in this program is drilling a defined mineralized zone already discovered.Its not about increasing the size but trying to understand te geology.......End of the day this deposit most likely sits another 50 years
oles LAP21-05 and -06 are part of the company's 15-hole phase 1 drill program covering a strike length of 140 metres across the Lappvattnet deposit. The goal of the program is to test the shallow western part of the deposit with a series of tight-spaced holes to better define the geometry of the mineralized zone. New drilling and assays are expected to be incorporated into future resource upgrades. The Lappvattnet deposit covers a strike length of about 700 metres. The sulphide zone dips steeply to the south and plunges shallowly to the east. The deepest vertical eastern part of the 2020 resource is less than 200 metres below surface. Drill density decreases considerably to the east.
Comment by
CriticalMind55 on Oct 17, 2021 9:04pm
I disagree, times have changed, there is much higher demand for the minerals GUG is after, they just raised more capital to drill more, are you saying they paid cash to wait for 50 years? Are you kidding me?