Ann: Project Update - Higher-Grade Infill Drilling, page-8

Almost certain they have finished the northern part of the planned drilling. Hints that the rest are as well but cannot be certain.

..Winter cloud and rain for the area greening the fields after a long dry summer. Annotating the above image to show drilling completed recently. The cloud cover makes estimates for timing of the drilling less certain. The northern holes were completed in the 20 day window from 5/6.



Comparing with the planned 10000m program the northern holes look complete. Two holes probably drilled at the southern end and hints of others do suggest the program is nearly complete.

Perhaps an extra hole on line 6574200N?

Two diamond hole sites 6574300 and 400N into the Bindi Hinge area at depth.


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Speculations.

• A combined announcement in the next week or so about completion of the program plus/or results from earlier RC and Diamond?.
• Implications for timing on the updated MRE in this announcement?.
• Previous drilling, assays, and geology give a good sense of continuity which will hopefully be reflected by recent drilling and by extension increases to the MRE in size and perhaps grade especially at the southern end of Bindi East.
• Unlikely but another phase of RC drilling - Bindi West? Checking the fold concept?
• The updated geological/structural model is probably nearing completion. Announcement soon?
• Assay results seem to be taking 4-8 weeks at present. If the latter is the case then the MRE may be delayed somewhat. The basic work can probably be done with preliminary estimates for in house consumption with QAQC checked assay results getting plugged in to bring near complete estimates up to date with the real data. Not something I know much about so just musing about how the process could be streamlined pre available assays.

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Western Copper announced their PEA on the Casino deposit in the Yukon recently. The Cu grade is less than Bindi but Au/Ag credits would make up for this difference. The headline leaves out the capex of $3.8B.

Casino has been around for decades.

Link to company web site.