HSV I guess that part of the reason for the delay is the success of the recent drill results.
Not only does the company flag the need to go back and carefully check previous results for Rees, it also needs to update all results (inc'l the Rees) in an increase resource estimate.
There is probably the consideration whether to include diamond drill results, or only the RC collar results -some of which have been nothing short of spectacular -including MIL007: [email protected]% Cu Eq(43m @ 1.5% Cu Eq) and MIL008, ([email protected]% CuEq). Both of which extend the previous know strike and clearly will increase the resource estimate.
One of the issues will also be the time the assay labs complete work.
My guess is that behind the scenes, this is one of the most exciting but also high pressure times that the company has experienced so far. I'm pretty excited too!
Cheers all.
Ann: Drilling Update - Milo IOCG Prospect , page-58
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