Which ever target or targets the trading halt relates to, it is highly encouraging on a number of fronts.
- Firstly to receive results from a maiden drilling campaign that are worthy of a TH is quite remarkable in itself
- Secondly it is a huge vote of confidence for their geological modelling to identify targets worth drilling
- Thirdly and following on from efficient geological modelling, funds are being used in a very efficient manner in order to get best bang for buck
- And lastly, potentially identifying mineralisation through drilling will push the share price up and allow the company to raise further funds and reduce the dilution factor
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