19% Nickel listed on rock samples Unbelievable, page-81

I too was hoping for some news flow for PBSD033A by now. It might have been a duster which wouldn't bother me, as it will (more importantly) provide a platform for further DHEM survey of the ST, below GS.

As far as I know this hole (PBSD033A) wasn't targeting any specific target. It's potentially a bit like hole PBSD002 -- the sister hole to PBSD001A -- that was also drilled laterally from SS to a zone directly under the BS pit at depth in Q2, 2019 (27/05/19 - p.4 onward) and only intersected low-grade disseminated/blebby sulphides at the time.

More importantly, however, it was the subsequent DHEM survey conducted in PBSD002 later in 2019 that detected the large off-hole EM anomaly 35m to the west (11/02/20 - p.4 onward) that guided drilling in early-2020 and resulted in the newly discovered GS mineralisation.

Moral: Although PBSD002 didn't initially intersect any high-grade ore (it wasn't expected to), it looks to have more than paid for itself by providing the valuable intel that eventually lead to the GS discovery.

My understanding is the main purpose for PBSD033A is that of a probe -- especially in light of the fact that it was going in 'blind'. Nice if it jags some massives along the way, but what it eventually yields in terms of subsequent DHEM hits will be what's important.

I'm not suggesting it's definitely a duster, but I would have thought PH would have put out something by now if it had hit anything -- assuming it's completed. (Yeah, it's also possible the hole may have encountered some more issues and still be a WIP, but I'd like to think not.)

Anyhoo, just wanted to post my thoughts on the real purpose of PBSD033A, before anyone runs off on a folly and suggests the lack of any massives encountered might represent any kind of 'failure'.

The quarterly is due out sometime within the next fortnight, which is worthwhile remembering. Management might also be holding all the news relating to PBSD033A, the Drill Drive completion, and the GS maiden drilling commencement until then.