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When Assays ?, page-173

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Smithy1960

187 Posts.

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11/11/22

00:04

Post #: 64705428
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Originally posted by MarkyBoy49: ↑

Hi Smithy,

With regard to your recent call to GLP, I have a number of observations:

1. "Asked about assays and timing, GLP said still expected November for Greenland and MTJV, he also said there still some clean up drilling going on at MTJV, what that means not sure."

I am assuming that the assays that GLP are referring to, will be for the Phase 1 drilling only i.e. it is probably far too early to expect any assays from the Phase 2 drilling. I am also assuming that the "clean-up" drilling is part of the Phase 1 drilling, and is probably a hole or two extra or deeper.

2. "He made one comment and that he was confident of some good results, but was guarded in saying anything more, other than saying the market will decide whether they were good."

Whilst this sounds pretty optimistic, and the Geos will have already told GLP what they have seen in the various drill cores i.e. from their visual/XRF analysis, it will of course only be the final and official assay results that we can rely on 100%. Here again, I am assuming GLP was only referring to the Phase 1 drilling. Having said this, IMHO, the Geos are probably already conducting their visual/XRF analysis of some of the drill cores from the early part of the Phase 2 drilling.

Best regards.

Expand

MB,
Phase 1 MTJV expected in November shortly Phase 2 hopefully December, and Greenland assays should be in November.
I reckon your right regarding Phase 2, very easy to see any Nickel and Lithium in the drill cores, if there’s any there it would be clearly visible.
Cheers

CNJ Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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