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Ann: ABM Strategy Update and Suplejack Diamond Drilling Underway-ABU.AX, page-15

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  1. 2,475 Posts.
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    G'day Jim
    Lake Mackay Gold/Base Metals Project (IGO Manager and Option to earn 70%)
    Infill soil sampling and minor rock chip sampling has been completed over six regional prospects.
    Two prospects were upgraded, one remains unchanged and three were downgraded.

    MLEM surveying was completed over various soil geochemical anomalies, with seven conductors
    identified, four of which will be drill tested in the December 2016 quarter
    .
    The Lake Mackay co-funded aeromagnetic survey has progressed well during the Quarter with
    45,718 line-km completed which represents 88% of the 51,984 line-km planned.
    The data is currently being processed.​

    The take away here is that 7 conductor targets have been identified & 4 will be
    drilled in the December Quarter from the 88% completed aeromagnetic survey
    from approx. 7,000 Square km's-leaves 840 square km's yet to be completed.


    And it appears to suggest that two prospects have been upgraded from the six prospects that
    received results from completed rock chip & soil sampling.

    Is that the way you interoperate the above Jim?
    salt
 
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