WMG 12.0% 22.0¢ western mines group ltd

Ann: MTD026 Update and Expansion of Mulga Tank Drilling, page-475

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  1. 418 Posts.
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    May I add to this, as it is now 6 and a half weeks since the last update.
    Possibilities, a rig break down. I don't think so, as I'm sure they would have said so, plus they would have been able to either repair or get another rig in by now. there are rigs out there looking for work, unlike a year ago!
    If they have gone passed 1000m+, that still would have finished a few weeks ago, providing no major drill problems. 1000m + core drilling these days is not unusual, and you can still get 30m+ a shift at depth. especially if you are going through sulphides which tend to be softer than the host rock.

    They could have completed this hole and liked what they saw and decided to put a hole in near by, providing they have all the right approvals, POW's, etc.
    Or even use this hole as a pilot, then wedge off in different direction, say from 300m down, (not uncommon) you could add two to three wedge off's that would take you around 100m or so away from the pilot hole at a depth of 1000m. this saves a lot of $. But I'm not sure they would not want to be doing this drilling at this stage, but more getting on with wide space, pre-planned program. But would good!!

    The silence is interesting, as they have been great communicators thus far.
    I can only think positive, as I don't think they have been scared announcing anything negative.

    Very exciting I think, but be prepared for anything! This is Exploration. and I'm sure we have all been burnt before.

 
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