Post by
freedom457 on May 08, 2019 4:54pm
Drill Program...
According to the Marin Katusa interview of Mark O’Dea a few weeks ago the drill program will have 2 drill rigs on site by the end of May with the focus being drilling the high grade mineralization of hole 421. It appears one rig will be tasked with the directional daughter holes from hole 421 following the location of the adjacent mineralization, which btw is open in all directions as indicated by the EM down hole survey. The second drill rig will no doubt be stepping out further north and south following the EM survey from surface as the goal is to quickly build tonnage. Looks like this program is pretty aggressive.
Part of the initial plan also appears to be that results will be reported in batches...that being said I think that plan will have to be adjusted and that they will end up reporting the visuals from the holes prior to assays especially if the cores look similarl/identical to the muilti pulsed massive sulphide zones discovered in hole 421. If not, that type of material drill evidence, even though preliminary will likely be leaked out and cause an unfair advantage. Don’t believe Mark O’Dea will want any type of negativity of exchange scrutiny to mar this incredible opportunity.
The importance of reporting the visuals is that it will give context and validate the geometry questions regarding how large system this will be (note the system has already been proven to 2200m in length) the market will view this as a green light that it’s game on to find a multi billion dollar deposit.
Comment by
manlobster on May 08, 2019 7:46pm
Thanks for sharing the information freedom. It’s information that should be disseminated to all investors via press release and not only to “paid subscribers”