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  1. roblun
    7,299 Posts.
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    13/01/24
    17:47
    Post #: 71865576
    Hi @Niraj1980,


    https://hotcopper.com.au/data/attachments/5882/5882276-4324774b8aefe04a81978b57a4ab93e5.jpg

    Basically waiting on

    3kg Samples taken every 1m interval, pulverised to produce 30g for fire Assays.

    5282m Drilled, Assay


    https://hotcopper.com.au/data/attachments/5882/5882274-e6eab0ea4917388e0feec18f72c13b62.jpg


    Samples for Assaying = 5274 + 57 Rock Chip Samples,

    And

    Another     3718m left of Phase 2 Drilling left

    https://hotcopper.com.au/data/attachments/5882/5882287-deeda6d0a56d68a63782eefcc9536d5e.jpg
    https://hotcopper.com.au/data/attachments/5882/5882288-f661c87eab20a6cd88ca19d88cae456b.jpg

    https://hotcopper.com.au/data/attachments/5882/5882289-38e3b6df12fb6bd5bdb0a0a40a196c46.jpg

    https://hotcopper.com.au/data/attachments/5882/5882290-4cb60a198798e2d1ccfad8d3c80412b6.jpg

    Another 33 targets with 3718m left of Drilling, they can average around 112m per drill hole with those 33 targets to fully complete Phase 2 drilling which would be Approx 90 RC Drill holes.

    https://hotcopper.com.au/data/attachments/5882/5882304-5cf6980ddda916ed8465723b0b7ae8e3.jpg
    https://hotcopper.com.au/data/attachments/5882/5882306-13ba3753b647a37dc2add9db8254e5e3.jpg
    https://hotcopper.com.au/data/attachments/5882/5882307-e3c63b6cd77673da0814c49de8e93c48.jpg
    https://hotcopper.com.au/data/attachments/5882/5882318-669ad135e65207e443937e0db3550104.jpg
    I still think RR1 probably has Approx $2.0M-$2,5M left in Jan 2024, RC drilling much cheaper than DC

    Phase 1 drill included

    https://hotcopper.com.au/data/attachments/5882/5882324-285b05bc19820e2b9375c323679400f7.jpg


    RR1 Price at posting: 0.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch.  Great analysis
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