Post by
stockzorg on May 08, 2023 12:19pm
Drilling Started
In 2022 the start of drilling at T/C was reported on May 9, and the first results were reported about two months later on July 12. So I expect to see the first results this year on or before July 11. There could be an interim update as there was last year when they added more drills after the huge step-out hole hit big. My guess is that they will report in June when the two drills become active at Perfect Storm as well.
Last year the assays were backed up quite badly due to volume. I expect similar this year with the price of gold over $2000 USD.
As with last year, that first step out hole - KK mentioned 300m in one of his interviews - could be very big news. Because of the consistency of this deposit and the significant depth, a 300m step-out at over 1g/ton AuEq would add a very large number of tons and gold ounces to the deposit. KK is also repeating the formula of 1oz. of Au found for every $2 spent drilling. That would easily hold up if the first step out hole looks good.
Do your own due diligence. GLTA. Doug
Comment by
Jetstream1281 on May 08, 2023 12:23pm
Good to see you here again Doug!! Hope you've been well! Always appreciate your information and insights!!!