Daily Discussion, page-7

Ibby,

They Did 5 drills.

I'd assume the first drill was into the 50 metre wide peg, at around 45 deg, for a cross at 25m to 50m.

Second drill, probably from the same rig position, but more angle to drill under the first drill, if it was me I would have had 25m separation early stage.

If the second hole got the same width as first, I would have backed up the rig and put down a 3rd hole, probably crossing 50m under the 2nd.

If same intercept or better, we would have surface to about 100 to 125m down.

I would leave it at that and move the rig 100m on same strike and repeat.

I do not think all drills were from the same pad based on 5 holes, in x days at x meters a day.

Points to reasonably shallow holes.

I think initially the plan was shallower drilling, but if decent intercepts and increasing at depth.

You would re do your plan.

They initially, I would, drill no deeper than 150m and get the entire strike covered.

Alot more coverage on a shallow pass.

I do things in layers, surface to x. Reason is you need to understand dip, how structures relate.

Esp if you get it consistent over 500m or more.

Ibby, a few, questions for you.

If you got a bad result, would you increase your spend?

Would you add rigs?

If you got average surface to say 125m, would you just go deeper hoping?

This raise was to ramp up NOW.

Dusko, does not care about today's share price, what he will be interested in is discovering something substantial.

If he does, this 10m cr with a discount will be pittance at end game.

A geo, the thrill is not money, the thrill is following breadcrumbs and working it all out to get discovery.

Often exploration takes years, so a geos mindset is very different to a non geo.