C7A 23.5% 1.3¢ clara resources australia ltd

Ann: Quarterly Activities Report, page-222

  1. 599 Posts.
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    Regarding drill results, this has always been the wild card for ANW. They have already reported great drill results from previous campaigns, which leads me to believe there is certainly something significant in the area.

    I'm not too concerned about the delayed assay results with the reasoning of reporting all together, this is standard practice and no one would be complaining if the the full campaign was completed on schedule and results reported all together. We did have drilling complications (now overcome) which has resulted in the delay of assay results. 

    Now, I would be concerned if there was complete radio silence on the the drilling results. No report on visuals sulphides, no photos. If they found anything material based on geologist visual inspections they need to report that to market, which they have. I also like the fact they have modified the plan for Mt-C and now doing diamond drills. A good drill campaign should evolve as results are received. The results could be spectacular, good, average or bad. All in all good signs so far and I'm leaning towards good to spectacular based on what's been shared so far.
 
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