Well a little unusual having results at back of preso.
Note there is no comment on grades / assay results next, tomorrow perhaps? Otherwise this looks significant:
1.) "Confirms porphyry" Still early days but this thing is looking better & better and probably the reason why they are going softly softly on the PR front.
2.) They drilled BEYOND planned depth -at a guess things were lookign too good NOT to go further and see how far sulphides went.
3.) I looked again at ann. from 30.11.09, it indicated IP anamoly modelled to depth 250m and here we have "IP modelling confimed" i.e to 250m at least, so the answer to the question of does it go to 500m yet to be answered.
Can a geo help here please??
My view is that there are historical drilling to go by, RED has only done 2 of its own -there's 5 more, its looking great but this is a long journey for LSY site that will be funded from Siana....Mapawa is looking like its the real deal but this will eventually need 1000's more metres to be drilled and that takes time.
Well done RED
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