From the interview, to achieve the initial 30,000m for the MRE in June, the 4 rigs must be fully committed for resource drilling in order to achieve this. Assuming the first week of Jan was utilized as a week to float & establish the rigs and roughly, drilling commencing, 11th Jan, we produced 10 drills for 3,031m, circa in the span of just over 2 weeks. So, if we maintain this level of productivity and the cutoff date for drills for the MRE is May (20 weeks worth of drilling), we hopefully should be able to incorporate all those meters into the MRE.
As per the programme of works, we are planning to start drilling the district targets Mid March, since we are already drilling Toro Gordo & Step Out drills at Ternera are already targeting Ternera Twin to the east, I'm assuming we will be hitting Drone Hill or Buzzard next. There is roughly 6.5 months worth of District Target drilling as per the programme, so if you assume 2 rigs x 3 holes/week x 26 weeks = 156 drills. I'm not sure if it is part of the plan to get some kind of a resource out of these district targets, or to just sink holes in each and everyone of them to prove potential, that we will have to wait as see.
We are going to be going hard out flat stick right till the end of the, let us hope we get lucky and continue hitting some phenomenal intercepts.
