From the announcement;
"Peninsula Energy Limited (Peninsula) is pleased to announce that it has completed a further
125 drill holes during the period from 20th July to 25th August for a total of 127,670 feet at the
Lance Projects.
A total of 36 intersections >100ppm were obtained and 17 holes reported multiple zones of
uranium. A total of 20 holes produced 22 GT (Grade-Thickness) intersections exceeding 0.2.
This drilling has been focused on converting inferred resources to the indicated category in the
planned Kendrick Production Unit located to the west of the Ross Production Unit."
Maybe I'm hard to please or maybe I don't understand the drilling process well enough but isn't a result of 36 holes with minerlisation out of a total of 125 a pretty small ratio for infill drilling ? I'd have thought that drilling here would be able to preclude known dead spots and that we'd be getting a much higher ration of "hits".
- Forums
- ASX - By Stock
- PEN
- announce ment drilling success continues at la
announce ment drilling success continues at la, page-6
-
- There are more pages in this discussion • 8 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PEN (ASX) to my watchlist
(20min delay)
|
|||||
Last
9.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $312.3M |
Open | High | Low | Value | Volume |
9.9¢ | 10.5¢ | 9.8¢ | $2.048M | 20.49M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 628476 | 9.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 983486 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 628476 | 0.098 |
2 | 300000 | 0.097 |
4 | 443332 | 0.096 |
13 | 962304 | 0.095 |
3 | 837848 | 0.094 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 983486 | 7 |
0.105 | 9302657 | 49 |
0.110 | 3892792 | 38 |
0.115 | 3381918 | 21 |
0.120 | 5128739 | 34 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
Featured News
PEN (ASX) Chart |