Just to help explain a section of the drill results.
The Difference Between ‘Infill’ and ‘Step-Out’ Drilling? A drilling program is often divided into a step-out drilling program and an infill drilling program. It is crucial to understand the difference between the two in order to know how a set of drill results may impact a company’s share price. Essentially, step-out drilling is done to add to the current resource model, while infill drilling is done to convert current resources from the ‘inferred’ to ‘measured’ and ‘indicated’ categories. Step out drilling programs have a fixed starting point from which they intend to expand the mineralization zone, while infill drilling programs are used to confirm the presence of mineralization between the step-out drill holes.
From the attached EMR drill report.
Recent significant drill results from the RC infill resource drill
programme include:
4m @ 8.06g/t Au from 151m including 1m @ 19.90g/t Au from
154m and 1m @ 12.30g/t from 151m (DD22MMT080W);
4m @ 7.85g/t Au from 30m including 1m @ 10.25 g/t Au from 30
and 2m @ 9.48g/t Au from 32m (DD22MMT080W);
5.6m @ 4.85g/t Au from 187m (DD22MMT080W);
4m @ 5.74g/t Au from 131m including 2m @ 9.74g/t Au from 133m
and 0.46% Zn (RC22MMT074); and
1m @ 27.8g/t from 249m (DD23MMT081).
So this attached report is stating that EMR are now currently 90% confident of these drill results.
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- Ann: Significant Exploration Results Continue at EMR Prospects
Ann: Significant Exploration Results Continue at EMR Prospects, page-9
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