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Ann: Red Valley Drilling Update, page-23

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madkat

798 Posts.

82

29/05/17

11:10

Post #: 24964977
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Originally posted by Jrh350 ↑

- The results are ready for hole 1 & will be released with hole 2.
- Hole 4 has multiple aquifers
- The company is going to concentrate their strategy on hole 2.

Time line
Hole 2 is currently at 650m with 850m to go of the 1500m total at the current rate of 10m/20mins. This means that the hole should be completed after approximately 28hours without downtime so we are probably looking at 2 days.

After that samples need to be sent to the lab, queued in their work schedule, tested, analysed and reported on. Hole one was announced that the testing had begun in the 1/5/17 report and has now been announced to be completed on the 29/5/17 or 28 days.

So between drilling and results were are looking at approximately 30days or the very end of June.

Exciting times ahead. GLTAH

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gee, what an amazing coincidence that DD is out at approx the same time. how uncanny.

RMX Price at posting: 2.8¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

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