Ann: Diamond Drilling Commences at Hartog, page-136

whether visuals are announced or not is IMO all dependent on one key variable, that is does the market currently perceive hartog to be mineralised?

i have spoken to some geos and they are convinced that hartog is mineralised, but the question is to what extent.

unless there is a huge massive sulphide hit which would indicate high grade mineralisation, then if chalice has this view also then they would wait for assays. i.e. if they are hitting small intervals of massive and widespread disseminated they may not see this as market sensitive.

on the other hand i am not sure if other market participants would have this view, and announcement of any visual sulphides would be market sensitive IMO.

they would have drilled hundreds of metres already if not a couple thousand with 2 rigs, what have they hit so far?

i will be posing this question to alex in the online conference tomorrow morning hopefully he answers and i can let you all know.