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Ann: Ceibal confirmed as gold porphyry discovery, page-50

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    Hi guys - for those asking about drilling rates. Given the depth of cover (soil, regolith and weathered rock) is shallow given their drill positions in mostly outcropping ground I would expect them to be fairly consistent with:

    Diamond HQ core - 10-20m per shift. Approx 30 to 40m per day (24hrs) given it is good drilling ground.

    Diamond NQ core - smaller diameter drill core. They are likely casing off from HQ to NQ. This is when they initially drill the poorer ground with larger diameter equipment to set a decent "collar" in which their equipment won't get stuck, then re-run down the hole with smaller diameter core which allows for faster drilling rates. You can expect them to be getting approx 40m a shift with this, or around 80m a day.

    Keep in mind that drill rigs are notorious for breaking down (especially company owned as opposed to contractor owned) so you can intermittently go days with no core return.

    Hope this helps.
 
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