Morning traders,
AZS - Showed sign of life yesterday. May be the start of a breakout.
Currently drilling at Cascada in Mexico.Summary of what's happening
1. A 10 hole, 1,500m diamond core drilling program in progress.
2. Drilling has been ongoing for more than a week now.
3. Holes will test the westerly and easterly along-strike extensions of the Cascada
4. Drilling to date has yet to define the boundaries of Cascada
5. Several holes will be drilled to follow up the gold-rich breccia mineralisation intersected in the previous drilling program.
6. The first task of the program will be to re-enter hole 110 and extend it for a further 40-50m to determine the extent of the mineralisation
7. The drilling program is expected to take three weeks to complete with results expected over the following 3-4 weeks.The announcement stated that results are expected 3-4 weeks after drilling is completed. In the past the results have usually taken 4 to 5 weeks. Wondering if they have arranged the results to be completed and fast tracked all at once.
8. News of a possible JV deal can come any day now...or not.
9. Expect a drilling update at the end of week.
Hope everyone has a great day.
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