RocheDure, Tempete fall in the SW sector referred to as 'Kitotolo'.
Celeste is across the Lake, in the NE sector & is referred to as Manono.
As far as the Easter analogy goes, that may refer to a raft of 'other' scenarios. But for me, its about winding up first phase of drilling around the existing pit at Roche Dure at a defined spacing between boreholes.
In parallel, they must fast-track the assay results from the Lab & then deliver a maiden Jorc (split between Indicated & Inferred).
As is the protocol, they'll have to drill more infill holes to get to Measured Resource and then into the Proved & Probable Reserves category and then repeat the same for Celeste pegmatite which appears to b larger then RD.
The missing element so far is the true thickness of the Pegmatite & how much of it is below the weathered zone across the entire Permit. That's where they should get better assays for Li%.
Intersection & assays from DD#1 & 2 were big, so most likely for RD's Jorc Resource they should confirm a Resource along the Strike length for apprx 1.5 to 2km. Width, true thickness and grades are what's required for them to work out the final tonnage.
For now, Roche Dure has a 300-400 Exploration target (not Resource). So if they can lock in a Ind/Inf'd Resource by April, that will b a decent start to the Drilling campaign and their share price should follow suit. Would like to see them release an update on mobilising Equity Drilling's rigs to RD soon. That will b a start.
AVZ Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
