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11.5¢ calidus resources limited

Ann: Change of Director's Interest Notice, page-9

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zoidberg

1,368 Posts.

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29/06/17

10:18

Post #: 25557279
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Originally posted by rjtmpgar ↑

Company preso states majority of current drill program targets resource expansion and exploration of other areas:

The initial 10,000 RC drill program is underway with initial drillholes targeting the “gap area” of the current Klondyke Resource

The program is divided into the following areas:

5,000m into the “gap area”, with an aim to link the Klondyke Resource;

2,000m into the existing western portion of the resource with systematic in-fill drilling;

2,000m at the Copenhagen and Coronation deposits;

1,000m along strike extensions to the current Klondyke Resource.

The program is anticipated to deliver continuous news flow aimed at increasing the current resource size and category

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interesting. from the geo report it looks like they'll have to redrill existing area at some stage.. not sure how extensive this process would be
CAI Price at posting: 2.1¢ Sentiment: None Disclosure: Not Held
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