SBR 0.00% 1.2¢ sabre resources limited

Ann: Quarterly Activities Report , page-14

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 4,197 Posts.
    lightbulb Created with Sketch. 320
    They have continued to drill off pad 5 because they continue to intersect Copper mineralisation as stated in previous announcements.

    My understanding is that a resource geologist is on site to supervise the drilling to ensure that they complete all the holes required for resource calculations. It is inefficient to have to return to pad 5 at a later date to do further drilling.

    Pad 1 requires further drilling so a rig needs to go back there imo. When pad 1 was drilled it was a case of trying to understand the geology of the mineralisation so consequently they were not going to finish that pad off in one go.

    It has been slow going over the past few months however that is likely to change with the lab repairing their equitment, the second rig arriving in a couple of weeks and possibly the addition of another rig to drill schalangental. Also Kaskara will start again after DHEM.
 
watchlist Created with Sketch. Add SBR (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.000(0.00%)
Mkt cap ! $4.715M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 984500 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 199999 2
View Market Depth
Last trade - 10.09am 07/11/2024 (20 minute delay) ?
SBR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.