RMX 0.00% 0.2¢ red mountain mining limited

Ann: October Exploration Update, page-33

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    "Also how long will it take approximately to drill and get the results back? I'm not sure if that's just a guess or if there's a usual amount of time it takes..."

    Results are taking ages for everyone right now. Give it a solid 6 weeks from the end of drilling to announcement, but this might vary from anywhere from 5 to 7-8 weeks. You just gotta wait; it's very hard to be precise. Many companies have longer waits.

    REE is drilling just down the (literal) road and I've been trying to use that as a guide, but can't quite piece it all together, as things tend to change so quickly sometimes. I am not a miner, nor a geo, but 10 (even spread out) RC holes, is not a vast program. Give it a few weeks.

    As a few people have mentioned, the key here for the company to get it done before the wet season kicks in. For this scenario, it somewhat doesn't even matter when it starts or how long it goes for, but it very much matters when it finishes. REE have indicated they are going to try and drill into as late as December as they can, so that's a reasonable ending timeframe for RMX. As long as the company starts in the next few weeks, I'd think it should be ok.

    You should get a start of drilling announcement soon. That should have a rough timeline.

    On weirdly related note, REE has a small tenement at Mt Mansbridge that it has so far been absolutely silent on, but must have expenditure on in in the next month - who knows what will happen there. Wouldn't be surprised to hear of a small early exploration or RC drilling program for November. I feel like they should go in with a quick in and out grid of RC holes, but we'll see. Maybe a drlling tag team coming up??
 
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