*....
What investors want to look out for is whether the company claiming to have made a discovery has drilled enough holes into [an orebody] at the right spacing,” Jon Dugdale, the boss of graphite explorer Peninsula Mines (ASXSM) told * recently.
“You want to have multiple drill holes intersecting the orebody – you don’t want to have to rely on one, because that could mean anything.
“It could just mean a little patch of mineralisation that doesn’t go anywhere.”
I am not a geo, nor do I work In mining, should that preclude me from speculating.....?
Ann: Carr Boyd Nickel Sulphides Continue at Depth, page-58
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