CCZ 33.3% 0.8¢ castillo copper limited

Ann: Diamond Drill Results and DHEM Update, page-33

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  1. 4,460 Posts.
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    The first five drill holes from phase 2 (21-25) took 38 days. 

    The next nine (26-34) took 99 days. The best intersection from the last nine holes was 1m at 4.57%.


    The average drill holes went from 7.6 days per hole to 11 days per hole.


    There are 25 more holes to drill, which at the current rate of 11 days per hole will take until the end of August next year.


    Maybe they can hurry up to 7.6 days per hole which sees us finishing around the end of May next year. 


    The original time frame if you look at the 18/6/18 Announcement on the Phase 2 plan shows Target Areas for June/July.


    Stupidly I thought they meant 2018, but they actually meant 2019.


    The claim that this drilling campaign is fully funded it's bs. They will run out of money before they are finished. The Quarterlies show that.


    The resource may or may not be good, but the management are in need of serious questioning.


    The market is right to drop this dog.

 
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