This is a good announcement in my opinion:
- 5 more batches of assays still at the lab so some news flow to keep us awake.
- had to redrill hole 8 rather than re-enter it due to blockage, results of new hole find more gold at depth.
- improved access road means low loader and track mounted rigs access with more drilling time and less unproductive mobilisation time between drill holes
- optical downhole televiewer shows vein orientation and better understanding of geology so better orientation of drill holes next year, not enough companies do this early on in exploration to save themselves drilling in incorrect orientations.
- Hole 16 in the south has numerous veins with gold mineralisation, could be drilling at a less than ideal orientation but will require more drilling to follow up.
- Clearly written report shows what they understand, increased geological confidence and what they plan to do with it next year.
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Ann: Results at Gigante Grande Continue to Deliver, page-8
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