MVL 0.00% 1.0¢ marvel gold limited

Ann: Resource expansion drilling commences at Chilalo-GPX.AX, page-5

  1. 245 Posts.
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    For added information, most RC Drilling programs are capable of ranging from 200-300 metres per day, with 1 hole per 100m, this may even vary a bit lower than 200m, based on the distance between the first sets of holes and the last. I expect the drilling itself to be done, within a 12 days basis. Most likely around a 7-10 day range.

    If they are analysing and logging the samples as they go, this could also be completed within about a 14 day period, if however they are analysing and logging after drilling completion (unlikely), this may take an added 12 days onto the drilling time; some would consider 12 days excessive. It should also be noted they may recheck the samples several times or get independent testing, this could significantly change the timing of results.

    Overall I would expect the results to be out by the end of September or early October.

    Off topic, but what are everyone's expectation on the SP once options are granted?
 
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