It was a subtle but good announcement by Anglo this week. A second drill rig starting and labs assay times will reduce in new year.
Will we see an announcement in the next two weeks with drill results. I hope so before Christmas.
I am guessing to drill 30 holes would take about 6 weeks and 40 holes would take about 8 weeks.
The lab turnaround time is 7 weeks according to the last announcement.
So with drilling starting 13 weeks ago we are certainly in the right timeframe for a results announcement of 30-40 holes.
Drilling has increased from 10,000m to 27,000m and the MD has bought $90k of stock since drilling commenced in early Sept.
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