Post by
calico on Mar 24, 2023 3:31pm
Drilling
Here's a suggestion. Why not position a drill rig directly above the 463 Zone and drill straight down or slightly off vertical in at least 4 directions, without having to move the drill? This would save time and money and should give some idea of how large the 463 Zone is. This also makes sense since Tim and crew think the lower part of the 463 Zone is a (flat-lying) horizontal body. This could be done using either a land-based or barge-based rig.
Comment by
calico on Mar 24, 2023 7:02pm
Yes, I was the one who submitted that question at the online conference March 22. The 463 Zone is straight below the shoreline of that pond, so positioning the drill should not be a problem. Distance to the 463 Zone would be shorter than when drilling at an oblique angle. Here's hoping they do this.
Comment by
Stockpicks96 on Mar 24, 2023 8:23pm
But he said positioning the drill above it was a problem on the call.
Comment by
Stockpicks96 on Mar 25, 2023 12:19am
Well said Geezer, whether its this week coming up or even three weeks from now, results from the latest holes at 463 are imminent and will continue to paint the picture of where this source of high grade gold comes through. You wouldn't guess by the recent price action with the stock, but we are truly at a seminal moment here.
Comment by
calico on Apr 13, 2023 11:16am
I repeat my earlier suggestion that they drill several holes just off vertical directly above the 463 high-grade. By drilling at extreme oblique angles they are probably missing the good stuff and using far more drill pipe than necessary.