Diamond drill-hole 14MPDDHBGC1W1 wedged off the old BGC1 RC hole and provided core from 186.8m to 298.4m down-hole. The interval from 240.0m to 285.3m (45.3m) was continuously graphitic with the visual grade increasing from the extremities towards the centre (at approximately 266m down-hole).
45.3m of continuos graphite sounds good to me the Mt Peake project is not dependent on this and further drilling is required however if this was the first result announced from a new miner with a small MC and low SP then you could only imagine what it would do to the SP.
TNG Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
