SGQ 0.00% 2.5¢ st george mining limited

Drilling updates, page-2

  1. 6,334 Posts.
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    Somethings not adding up to me. Taking far too long to report on the latest drill hole 193 targetting the 16k conductor plate. The previous hole 192 targetting the 49k plate which was a duster, for whatever reason yet to be clarified, was no surprise to me ( as I posted before the announcement was made) because even at the most conservative diamond core drilling rates that plate would have been intersected long before an announcement came. So now we have hole 193 which we are advised was underway on the 16th Nov, so 14 days elapsed , perhaps 15 days, since it started, and no news yet. Taking a conservative drill rate of 35 metres per day, that means it should be at depth already. But wait...there's more, a 2nd drill team was advised to have arrived which I take to mean the rig can be operated on a 24 hour/2 shift basis and if we take this at face value, the 16k conductor would have been well and truly punched through by now. Another duster I am left wondering Also on the 16th it was stated a DHEM was underway on Hole 192....... well, its now 2 weeks further on and nothing is reported on this. I'm not outright suggesting there is nothing at depth, 49K and 16K EM responses are pretty convincing, maybe they are not where they are expected to be due difficulties and complexities interpreting plate position ( interference effects?) but anyway, it seems to me some update on the current hole and maybe on the DHEM work is a tad overdue.
 
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